broker-dealer

British

noun

another name for stockbroker

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In addition, in accordance with securities regulations, industry professionals and family members associated with the broker-dealer of the transaction or the portfolio manager of the offering are restricted from IPO investments.

From The Wall Street Journal

KuCoin was also required to cease New York operations after falsely representing itself as a crypto exchange without registering as a securities and commodities broker-dealer, James said.

From Seattle Times

Treasuries could leave the market more exposed to cybersecurity risks, Barclays said, referring to the cyber hack of Industrial and Commercial Bank of China's U.S. broker-dealer last week.

From Reuters

ICBC's inability to access its systems meant securities from the Chinese firm's repo trades were getting delivered to BNY for settlement, but no cash was coming in from the broker-dealer, one of the sources said.

From Reuters

"In general, the event had a limited impact on the market," said Scott Skrym, executive vice president for fixed income and repo at broker-dealer Curvature Securities.

From Reuters

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023