Bonding is a financial guarantee provided by a broker to cover potential losses due to their actions, ensuring protection for clients and maintaining trust within the financial market.
An in-depth analysis of the role of brokers in different markets, including stock, commodities, insurance, and shipping, along with their importance, methods, and historical context.
A comprehensive guide to understanding broker fees, including historical context, types, key events, mathematical models, importance, applicability, and more.
An in-depth exploration of the Buyer Representation Agreement, including its significance, structure, legal implications, and best practices in real estate transactions.
The Listing Broker is the professional responsible for listing and marketing a property for sale. This role includes various duties such as setting the listing price, marketing the property, and negotiating with potential buyers.
Margin Trading: Borrowing funds from a broker to increase the size of a trading position, often involving overnight holding charges. Buying securities by borrowing a portion of the purchase price.
An in-depth look at the market not-held order, also known as a discretionary order, explaining its characteristics, usage, and implications in trading.
A non-discretionary account is an investment account where the broker or financial advisor must obtain the client’s approval before making any trades or investments. This entry covers the historical context, types, key events, explanations, models, applicability, examples, related terms, and more.
A comprehensive exploration of principal brokers, their functions, distinctions from commission brokers, historical context, and their roles in modern finance.
A comprehensive overview of a Registered Representative, detailing their role, registration process, responsibilities, and significance in the financial markets.
The process by which the sell side sells securities to cover a failed payment by the buy side.
A Selling Broker facilitates the sale of a property by finding a buyer, playing a crucial role in real estate transactions.
An in-depth look at transaction fees, the costs charged by brokers for executing trades, including their types, historical context, importance, and more.
A comprehensive overview of brokers, their roles, types, and relevance in various industries including finance, real estate, and more.
Detailed definition and explanation of Broker-Dealer, its functions, regulations, types, and its role in financial markets.
A comprehensive overview of brokerage covering the business activity of being a broker, types of brokerage, commissions, and more.
An in-depth exploration of brokerage allowance, a commission paid by the seller to the broker for arranging a sale, typically defined as a percentage of the selling price. This term often applies to transactions where the broker does not take possession of the goods sold.
A commercial broker lists and sells commercial property, including shopping centers, office buildings, industrial facilities, and apartment projects.
A comprehensive explanation of each way commission, where brokers earn on both purchase and sale sides of a trade, including definitions, examples, and related terms.
An Exclusive Agency Listing is a real estate contract that grants one broker the exclusive right to sell a property while allowing the owner to sell the property privately without paying a commission.
A full-service broker provides a wide array of financial services beyond merely executing trades, including personalized investment advice, research, and financial planning.
Good Delivery refers to a certificate in the securities industry that meets all requirements for transfer, including necessary endorsements and qualifications.
A comprehensive look at Mortgage Brokers, their role in facilitating loans, the differences between brokers and bankers, and important considerations for borrowers.
An in-depth exploration of the term 'Principal', encompassing its application in Law, Finance, Real Estate, and beyond.
A Registered Representative (RR) is an employee of a stock exchange member broker/dealer who acts as an account executive for clients, providing advice on which securities to buy and sell. Licensed by the SEC and NYSE, RRs earn compensation through commission income.
Regular-Way Delivery (and Settlement) refers to the completion and finalization of a securities transaction at the office of the purchasing broker, typically on the third full business day following the transaction date, as mandated by the New York Stock Exchange.
Definition and explanation of Securities Loan, including types, applications, historical context, and related terms.
A trust account is a separate bank account, segregated from a broker's own funds, in which the broker is required by state law to deposit all monies collected for clients. In some states, this is referred to as an escrow account.
A comprehensive guide to discretionary accounts, including their definition, benefits, drawbacks, and real-world case studies.
A detailed examination of Jitney Brokers, their function within the financial markets, how they operate, and relevant examples.
