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Broker
Brokers act as agents for buyers and sellers, for which they charge a commission, or brokerage. There are two main categories of brokers: inter-dealer brokers who only work with specialist market makers, and client or agency brokers who deal on behalf of institutional or retail clients.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: General Finance
- Company: Reuters
- Product:
- Acronym-Abbreviation:
Other Languages:
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