Broker definition

An individual or firm that acts as an intermediary, putting together buyers and sellers usually for a fee or commission; In contrast, a dealer commits capital and takes one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party.


Related words

Base CurrencyBalance of PaymentsBar ChartBig FigureBretton Woods AgreementBack officeBondsBrokerBID / ASKBalanced FundBalanced investment strategyBackpricingBackwardationBear SpreadBear Vertical SpreadBozuBreakaway gap