wire house broker


A licensed, full-service securities broker directly affiliated with a major, multi-branch brokerage firm. "Wire house" is a term that, at one time, applied to major brokerage firms that dominated the securities industry because of their high-speed, electronic data transfer capabilities which is now available to brokerage firms of all sizes.

Use wire house broker in a sentence

You may want to try and get involved with a wire house broker that can let you know when there is a good eal.

​ Was this Helpful? YES  NO 3 people found this helpful.

My father spent most of his career working as a wire house broker, but now the specialized services he provided have been taken over by all sorts of other firms.

​ Was this Helpful? YES  NO 11 people found this helpful.

I always contact my wire house broker when attempting to purchase stocks in a timely manner when they hit a low in purchase price, it guarantees that I will be able to sell it more profitably in the future.

​ Was this Helpful? YES  NO 5 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
wire house wire room