clearing broker


Definition
A broker who specifically mediates the transactions between an investor and a clearing corporation. As with any other broker, a clearing broker would make sure that a transaction is completed fairly for both parties. Clearing brokers are also available to provide the investor or corporation with any information they may require regarding the transaction.


Related Terms

clearing margin -  More

Related Personal Finance Articles

Loading...

clearing broker in the news

Loading...

Enter your email address to get our free Term of the Day newsletter!

clearing broker is ...

... part of the Brokerages subject.

Search volume for clearing broker

Browse 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