Advertising

Agency basis

• A means of compensating the broker of a program trade solely on the basis of commissionestablished through bids submitted by various brokerage firms. Agency incentive arrangement. A means of compensating the broker of a program trade using benchmark prices for issues to be traded in determiningcommissions or fees.

 
 Embedded terms in definition
 Agency
Basis
Benchmark
Broker
Prices
Trade
 
 Related Terms
 

<< Agency bank Agency cost view >>

Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...

If you achieve success, you will get applause, and if you get applause, you will hear it. My advice to you concerning applause is this; enjoy it but never quite believe it. Robert Montgomery

Advertising



Copyright 2009-2019 GVC. All rights reserved.