Dealer definition
An individual or firm that acts as a principal or counterpart to a transaction. The principals take one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party. In contrast, a broker is an individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission.
Related words
Daily Cut-Off ・ Daily Trading Limit ・ Decentralized Market ・ Deflation ・ Depreciation ・ Devaluation ・ Drawdown ・ Direct Quote ・ Dollar Shortage ・ Dealer
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