| 释义 |
independent broker Independent brokerNYSE member who executes orders for floor brokers and firms other than its own.Two-Dollar BrokerA broker who conducts trades for another broker's client because the second broker is too busy to do so. The commission the client pays goes to his/her own broker, but the two dollar broker receives a portion from the other broker. Originally, this commission was $2, but now it is negotiated between the two brokers.independent broker See two-dollar broker. |