Broker
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(Redirected from Brokerage)
For other uses, see Broker (disambiguation).
"Brokerage" redirects here. For the not-for-profit organisation "the Brokerage", see The Brokerage Citylink.
A broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Distinguish agent: one who acts on behalf of a principal. A brokerage or a brokerage firm is a business that acts as a broker. A sales person working for a securities or commodity brokerage firm is popularly (but incorrectly) called a "broker." A broker in that context is, strictly speaking, an exchange member who actually executes the purchase or sale order in the pit, on the exchange, as a service to the client of the firm for which that salesman works.
[edit] Types of brokers
- Broker-dealer
- Capacity broker
- W.O.W broker
- Commodity broker
- Computer broker
- Construction equipment broker
- Contract Hire Broker (see Business Contract Hire)
- Forex Broker
- Insurance broker
- Investment broker
- IT broker
- Marriage broker
- Mortgage broker
- Off Business broker
- Oil broker
- Peace broker
- Prime broker
- Real estate broker
- Rigs brokers
- Ship broker
- Stock broker
- Yacht charter brokers
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