What Is a Broker-Dealer (B-D), and How Does It Work? - Investopedia
2024年8月27日 · A broker-dealer (B-D) is a person or firm in the business of buying and selling securities for its own account or on behalf of its customers. The term broker-dealer is used in U.S. securities...
Broker-Dealers - SEC.gov
A dealer is any person engaged in the business of buying or selling securities, but for their own account. Identifying when a person is acting as a broker or a dealer is important because generally broker-dealers must register with the SEC. Someone who trades securities for others could be a broker.
What Is a Broker-Dealer? Two Types, What They Do, and Regulation
2024年9月17日 · The term broker-dealer is used in U.S. securities regulation parlance to describe stock brokerages because most of them act as both agents and principals.
Broker-Dealer | Definition, Types, Roles, & How to Become One
2023年11月15日 · A broker-dealer is a financial intermediary, either an individual or a financial entity, acting as a broker and a dealer in trading securities. The two main types of broker-dealers are wirehouses and independent broker-dealers.
Someone who trades securities for others could be a broker. In addition, other activities could require someone to register as a broker-dealer, including but not limited to: Finding investors for companies or for funding rounds. Finding buyers and sellers of businesses. Operating a platform enabling trading of securities. Providing support ...
Guide to Broker-Dealer Registration - SEC.gov
Most "brokers" and "dealers" must register with the SEC and join a "self-regulatory organization," or SRO. This section covers the factors that determine whether a person is a broker or dealer. It also describes the types of brokers and dealers that do not have to register with the SEC.
Broker-dealer - Wikipedia
In financial services, a broker-dealer is a natural person, company or other organization that engages in the business of trading securities for its own account or on behalf of its customers. Broker-dealers are at the heart of the securities and derivatives trading process.
Broker-Dealer Definition | Investing Dictionary - U.S. News
2023年12月11日 · A dealer buys and sells securities for its own account. When a broker-dealer is acting as a dealer, it hopes to profit by selling securities for more than what it paid.
Broker-Dealers: Your Guide to Financial Intermediaries
2024年9月10日 · In simple terms, a broker facilitates transactions between buyers and sellers, while a dealer buys and sells securities for their own account. Broker-dealers combine these roles, serving as intermediaries between investors and financial markets.
Dealers: Definition in Trading, Meaning and Comparison to Brokers
2021年9月25日 · A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its …