Securities Broker Dealer

As an agent a broker dealer helps a customer buy or sell securities.

Securities broker dealer. Iii a business organized under foreign law other than a branch or office of such business in the u s that if it were located. A wirehouse sells its own products whereas an independent broker dealer sells. Although many broker dealers are independent firms solely involved in broker dealer services many others are business. A broker dealer is an individual or a firm that s in the business of buying and selling securities.

A broker dealer is acting as a broker or agent when it. A foreign financial institution includes. A broker dealer firm buys and sells securities for clients and for itself. As a dealer a broker dealer is one of the parties doing the buying or selling.

Ii a foreign branch or office of a securities broker dealer futures commission merchant introducing broker in commodities or mutual fund. Gt securities offers broker dealer services to independent investment bankers m a advisors and institutional financiers. The finra series 79 investment banker exam and compliance category requirement combined with the recent pay to play rules make appropriate securities licensing more critical than ever. Broker dealers are at the heart of the securities and derivatives trading process.

They can act as either agents or dealers. 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.