Discover the role of traditional broker-dealers in the financial market, their operational mechanisms, historical context, and comparison with modern trading systems.
A 'Fail to Deliver' situation occurs when the broker-dealer on the sell side of a contract has not delivered securities to the broker-dealer on the buy side. This situation is often due to the selling customer failing to provide the necessary delivery.
An in-depth look at the situation where the broker-dealer on the buy side of a contract has not received delivery of securities from the broker-dealer on the sell side.
A comprehensive exploration of the term 'house,' covering its meanings in real estate, business, finance, and everyday language.
An in-depth look at the various definitions and applications of the term 'shop' across different industries and contexts, ranging from production areas to small retail establishments.
A comprehensive guide to understanding broker-dealers (B-D), their roles, how they operate, and the regulations governing them in the U.S. securities market.
