broker-dealer
A firm that as agent buys and sells assets on behalf of customers in return for a commission and/or as principal trades in assets for its own account [...]
stock exchange
A centralized floor-based or screen-based market for the regular trading of assets by its members, principally for equity but also for the trading of [...]
short sale
The sale of a security that must be borrowed to make delivery, usually made in anticipation of a significant decline in the asset’s price. [...]
commission
The amount brokers charge their clients when acting as agent in trasactions, often charged as a fee per trade unit (shares, contracts or percent) spec [...]
market maker
An intermediary in retail and/or wholesale financial markets that buys and sells for its own account a normal trading unit of a particular asset at th [...]
jobber
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