Broker
Definition
A person paid a fee or commission for executing buy or sell orders for a customer. In commodity futures trading, the term may refer to: (1) Floor Broker — a person who actually executes orders on the trading floor of an exchange; (2) Account Executive or Associated Person — the person who deals with customers in the offices of Futures Commission Merchants; or (3) the Futures Commission Merchant.
Related Terms Other terms related to 'Broker' starting with the letter 'B' Basis Swap, Back Spread, Buy or Sell On Close, Board Order, Blackboard Trading Browse by Letter » A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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