Broker Association
Definition
Two or more persons with exchange trading privileges who (1) share responsibility for executing customer orders; (2) have access to each other's unfilled customer orders as a result of common employment or other types of relationships; or (3) share profits or losses associated with their brokerage or trading activity.
Related Terms Other terms related to 'Broker Association' starting with the letter 'B' Basis Risk, Beta Beta Coefficient, Black Scholes Model, Bull, Back Months 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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