broker
business law
Learn about this topic in these articles:
legal status
- In agency: Broker (German Mäkler, French courtier, Italian mediatore)
The broker is a business agent who is completely independent of his principal. In the area of employment brokerage or placement services, most European countries have passed special regulatory legislation to protect the interests of those persons using…
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role in securities trading
- In security: Organization of exchanges
There are several kinds of brokers on the floor of the exchange. They include the commission broker who executes customer orders placed at or near the current market price; the specialist in one or more issues who, as a broker, executes limited orders for other members and, as a dealer,…
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