. What is a broker? There are many different types of brokers, each with their own regulations. Here are some examples. Who is broker answer in one sentence? A broker is a professional who helps people buy and sell securities. What is an example of an online broker? An online broker is a broker that … Read more
The term bucketing refers to the process of allocating securities to specific buckets, or categories, based on certain criteria. For example, a broker may bucket securities based on their risk level, liquidity, or expected return. By doing so, the broker can more easily match buyers and sellers of securities, and can also more effectively manage … Read more
In a give-up brokered trade, one broker (the “giving up” broker) gives up its commission to another broker (the “receiving” broker) in exchange for the receiving broker’s assistance in executing the trade. The giving up broker may do this because it does not have the necessary expertise to execute the trade itself, or because it … Read more
A stock record is a document that includes the name and address of the stockholder, the number of shares owned, and the date of purchase. The record may also include the stock certificate number and the name of the broker who sold the stock. What are the two types of stock brokers? There are two … Read more
An execution-only trading service is a type of broker-dealer service in which the broker-dealer only provides execution services to its clients, and does not provide any other type of service, such as investment advice. The term “execution-only” means that the broker-dealer will not provide any type of investment advice to the client, and the client … Read more
A registered principal is an individual who is registered with the Financial Industry Regulatory Authority (FINRA) and is authorized to perform certain functions on behalf of a broker-dealer firm. These functions include supervising registered representatives, handling customer complaints, and participating in the firm’s marketing activities. The term “registered principal” is used to distinguish these individuals … Read more
A brokered market is one in which a broker brings together buyers and sellers in an effort to facilitate a transaction. The broker does not take possession of the goods being traded, but simply acts as an intermediary between the two parties. In some cases, the broker may also provide financing for the transaction. Is … Read more
The National Commodity and Derivatives Exchange (NCDEX) is an online multi commodity exchange in India. It is based in Mumbai and was founded in 2003. NCDEX is a public company with equal shareholding from public and private sector institutions. The National Stock Exchange (NSE) and the International Commodity Exchange (ICEX) are its major shareholders. NCDEX … Read more
A transfer procedure definition is a document that outlines the steps that need to be taken in order to transfer ownership of a security from one party to another. This document is typically created by a broker or other financial institution, and it outlines the specific procedures that need to be followed in order to … Read more
