Definitions for "broker-dealer"
a financial specialist who trades for his own account and so acts both as a broker and principal.
A firm that provides information or advice to its customers regarding the sale and/or purchase of securities and that serves as a financial intermediary between buyers and sellers by manufacturing or acquiring securities in order to market them to its customers.----------[ Back
A Broker-Dealer, also known as a "Dealer", is a registered member of the National Association of Securities Dealers, and acts as a Principal in a securities transaction.
Keywords:  sel, broadest, dual, agent, facilitates
In the broadest sense, an agent who facilitates trades between a buyer and a sel...
A member of the Stock Exchange who may trade with customers either as principal or act as agent on their behalf, completing a trade for the customer with a market maker or doing an agency cross (see Dual Capacity).