Broker-Dealer
Definition
A Broker-Dealer is a financial firm or individual that buys and sells securities on behalf of clients (acting as a broker) or for its own account (acting as a dealer). Broker-dealers are essential in facilitating securities transactions, providing market liquidity, and offering investment advice and services to individual and institutional investors.
Examples
- • Goldman Sachs & Co. LLC: An investment bank with broker-dealer operations facilitating securities trading and market making.
- • Morgan Stanley & Co. LLC: A global financial services firm offering broker-dealer services among other financial solutions.
Class Relationships
Parent(s)
- • Broker
Children 0
- • None
Class Hierarchy Visualization
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Additional Information
Metadata
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Description
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Notes
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Editorial Information
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Editorial Note
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Identifier
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Deprecated
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Source and Origin
No source or origin information available