Stock Trading Encyclopedia
What Is a Broker-Dealer?
A broker-dealer is a firm (or, less commonly, an individual) that does two distinct jobs: it executes trades on behalf of clients (the broker…
Stock Trading Encyclopedia
Beginner's Path
How to Open a Brokerage Account
A brokerage account is the account you open with a licensed broker-dealer in order to buy and sell securities. It is the channel between…