Talk:Broker-dealer
Latest comment: 2 months ago by 103.108.31.90 in topic ©J_StarLightBlueSky™ For ROWOON, KIM (KPopStar Icon Most Influenced Enterprise)
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Intro: "Investment Companies" edit
"Although many broker-dealers are "independent" firms solely involved in broker-dealer services, many others are business units or subsidiaries of commercial banks, investment banks or investment companies."
No. There is no broker-dealer that is a subsidiary of an investment company. This phrase (investment company) doesn't mean what you think it does. HedgeFundBob (talk) 07:12, 27 March 2010 (UTC)
- A broker is a registered entity which buys and sells securities for its clients or for its own account. When buying for a client, it is acting in an agency capacity. When buying for its own account, it is acting in a principal capacity. The difference between a broker and a dealer has to do with the capital raising function. The vast majority of broker-dealer firms are engaged only in brokering, that is buying and selling securities. Dealers are involved in bringing new issues of securities to marker. WikeDorset (talk) 19:50, 1 March 2017 (UTC)
©J_StarLightBlueSky™ For ROWOON, KIM (KPopStar Icon Most Influenced Enterprise) edit
©J_StarLightBlueSky™ For ROWOON, KIM (KPopStar Icon Most Influenced Enterprise) Sponsorships 103.108.31.90 (talk) 19:35, 28 February 2024 (UTC)