Saturday, May 27th 2017


What is a securities broker dealer?

Interesting Question?   (2)   (9)

Answers (1)

16th Nov 2009 by Joseph Pousada

A securities broker is a person / organization who brings a buyer and seller together for a particular security. In the United States the representative and the brokerage firm would need to be licensed by FINRA (Financial Industry Regulatory Authority) to place orders on behalf of customers. There are various specialized licenses but, the most comprehensive one offered by FINRA for representatives is the series 7 and includes stocks, bonds, investment companies and options. It is important to note that many firms are “broker / dealers” in which they act in both capacities in that the order may be executed by bring together a buyer or seller (acting in the capacity of a broker) or may be executed against the firms’ house account (acting in the capacity of a dealer). If you wish to have your order done between buyer and seller in the market (not against the firms’ house account) ask your broker/dealer to manually entering trades specifying that it be done on an agency basis as many can now accommodate this.


Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of

26th Oct 2009 In Investing 1 Answers | 935 Views
Subjects: broker, dealer, securities,

Answer This Question / Give Your Opinion
What is a securities broker dealer?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
Where to invest in mutual funds?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
Where to invest in mutual funds?
Unanswered Questions in Investing
What is a capital investment?
What is the wajax income fund?
What are government backed securities?
Where can i find the current interest rates today?
Where to buy artwork?

Answered Questions in Investing
Compare of a savings account vs cd?
What is a mutual fund investment?
What is Structured Credit Trading?
What are swaps?
How to determine net worth?
Ask A Question
Get opinions on what you want to know:
Specific to any country?