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Intermediate broker: Difference between revisions
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{{g}}In the world of [[exchange-traded instrument]]s, a [[broker]] who occupies the [[entropy|dun netherworld between a [[client]]-facing [[executing broker]] and the [[exchange]] or [[CCP]]-facing [[clearing member]]. May or may not be affiliated with the [[executing broker]]. | {{g}}In the world of [[exchange-traded instrument]]s, a [[broker]] who occupies the [[entropy|dun netherworld]] between a [[client]]-facing [[executing broker]] and the [[exchange]] or [[CCP]]-facing [[clearing member]]. May or may not be affiliated with the [[executing broker]]. | ||
Of interest<ref>Professional interest, needless to say.</ref> because: | Of interest<ref>Professional interest, needless to say.</ref> because: | ||