Definitions for "independent broker"
Keywords:  nyse, york, broker, executes, firm
NYSE member who executes orders for other brokers who temporarily have more orders than they can handle.
a member of an exchange that executes buy or sell order s for other broker s that have more business than they can handle
a member of the New York Stock Exchange who handles overflow security trades for floor brokers; or brokerage firms without floor brokers
This is a provincial government licensed independent business person who usually represents five or more life insurance companies in a sales and service capacity and who is paid a commission by those life insurance companies for sales and service of life insurance products. We for example, have been in business for 12 years and regularly place new business with over twenty different life insurance companies.
insured account Investment Company Act of 1940