institutional broker


Definition
A broker who buys or sells securities specifically for large institutional investors such as banking institutions or mutual funds. Because of the large volumes of securities they trade, institutional brokers typically charge lower commission fees than retail brokers.


Related Personal Finance Articles

Loading...

institutional broker in the news

Loading...

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

institutional broker is ...

... part of the Brokerages and Trading subjects.

Search volume for institutional 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