Wednesday, January 24th 2018

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What is the difference between a broker and a dealer?

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15th Dec 2009 by David Becker

A broker is a intermediary that is paid via commissions to facilitate the purchases and sales of financial instruments. A dealer is a primary principal that creates and makes market in financial instruments. A dealer makes money by creating a bid offer spread on the products in which it deals. Dealers do not charge its clients a commision.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



27th Nov 2009 In Brokerage 1 Answers | 716 Views
Subjects: broker, dealer,

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