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Glossary   >   B   >   "Broker" Definition            Broker An agent who executes buy or sell orders for customers A person or firm that acts on another"s behalf. An individual who is paid a commission for executing customer orders. Either a floor broker who executes orders on the floor of the exchange, or an upstairs broker who handles retail customers and their orders. Person who acts as an intermediary between a buyer and seller, usually charging a commission. A broker who specializes in stocks, bonds, commodities, or options acts as agent and must be registered with the exchange where the securities are traded. Antithesis of dealer. 1. An individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor. See "stockbroker". Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Broker \ An agent who executes buy or sell orders for customers

A person or firm that acts on another"s behalf.

An individual who is paid a commission for executing customer orders. Either a floor broker who executes orders on the floor of the exchange, or an upstairs broker who handles retail customers and their orders. Person who acts as an intermediary between a buyer and seller, usually charging a commission. A broker who specializes in stocks, bonds, commodities, or options acts as agent and must be registered with the exchange where the securities are traded. Antithesis of dealer.

1. An individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor.

See "stockbroker".