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A broker-dealer is a financial intermediary whose activities include acting as both broker and dealer in financial markets.
Broker-Dealer
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Related Terms
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Commodity Futures Trading Commission (CFTC) is a US-based agency responsible for regulating the derivatives...
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The bid/ask spread is the difference between the bid and ask price. The “ask” price is also known as the...
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The spread, also known as the bid/ask spread is the difference between the bid and ask price. The “ask”...
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Liquidity describes the extent to which an asset can be bought and sold quickly, and at stable prices, and...
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A futures commission merchant (FCM) is a company or individual that solicits or accepts orders to buy or...
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