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This article has been translated from English to Gen Z Slang.
A dealer is like your finance plug, always ready to cop or drop assets with their peeps. 💸
A dealer is basically a person or biz doing their own thing as the main boss in the game of buying or selling securities, not just playing messenger. 🤝
Dealers roll with their own dough and vibes. This is totally different from brokers who do the hustling just for their clients' squad. 🔄
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U.S. Treasuries are low-key IOUs from the U.S. government to cover its cash flow vibes
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A riskless principal is a brokerage or dealer firm that at the same time buys and sells a stock in two separate but balancing transactions.
An agency model is a way to handle client orders without any inventory drama.
The minute you settle for less than you deserve, you get even less than you settled for.Maureen Dowd