A brokerage firm, or simply brokerage, is a company that facilitates the trade of goods or services using either brokers, online marketplaces, or electronic trading platforms. Types of brokerage firms include stockbrokerage, commodity brokerage, mortgage brokerage, insurance brokerage, real estate brokerage, pawnbrokerage, business brokerage, joint venture brokerage, yacht brokerage, business brokerage, shipping agency, and travel agency.
A boutique brokerage focuses on a smaller clientele base.
Brokerage firms are generally subject to regulations based on the type of brokerage and jurisdictions in which they operate. Examples of brokerage firm regulatory agencies include the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority (FINRA), which regulate investment brokerage firms in the United States.
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