execution-only broker

/ˌeksɪkju:ʃ(ə)n 'əυnli ˌbrəυkə/ noun

Dictionary of banking and finance. 2015.

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  • execution-only — An execution only broker merely buys and sells shares on the instructions of the client. London Stock Exchange Glossary * * * execution only UK US adjective ► used to describe a broker (= someone who buys and sells shares for other people) that… …   Financial and business terms

  • execution only — The relationship between a firm and client under which the client merely instructs the firm to buy or sell. No advice is provided by the firm and consequently the suitability rules do not apply. Dresdner Kleinwort Wasserstein financial glossary A …   Financial and business terms

  • execution — The process of completing an order to buy or sell securities. Once a trade is executed (see: execution), it is reported by a Confirmation Report; settlement (payment and transfer of ownership) occurs in the U.S. between one ( mutual funds) and… …   Financial and business terms

  • Execution — The process of completing an order to buy or sell securities. Once a trade is executed, it is reported by a Confirmation Report; settlement (payment and transfer of ownership) occurs in the U.S. between 1 ( mutual funds) and 5 ( stocks) days… …   Financial and business terms

  • full-service broker — /fυl ˌsɜ:vɪs brəυkə/ noun a broker who manages portfolios for clients, and gives advice on shares and financial questions in general (as opposed to an execution only broker or discount broker) …   Dictionary of banking and finance

  • Stock broker — A stock broker or stockbroker is a regulated professional broker who buys and sells shares and other securities through market makers or Agency Only Firms on behalf of investors. A broker may be employed by a brokerage firm. Contents 1 Services… …   Wikipedia

  • Deep discount broker — A Deep discount broker gives very limited services and hence can charge a very small commission on trades executed. They sometimes offers only execution of trades services and no consultation hence reducing the cost of trading for the customer …   Wikipedia

  • Soft dollar — The term soft dollars is used to describe certain payments made by institutional investment funds to their service providers. In contrast to hard dollars (actual cash), which have to be reported on the fund s books, soft dollars are incorporated… …   Wikipedia

  • Financial advice — is advice given in relation to financial matters such as investing, insurance, borrowing, saving and retirement planning. Professionally, the advice is given only after the financial situation of the client is unveiled through a thorough fact… …   Wikipedia

  • Day trading — This article is about the practice. For the occupation, see Day trader. Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close… …   Wikipedia


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