InvestorWords.com
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.
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Nearby Terms
- Institute of Chartered Accountants in Ireland
- Institute of Chartered Accountants in Scotland
- Institute of Internal Auditors (IIA)
- institution
- institution or institutional investor
- institutional broker
- institutional brokerage
- Institutional Brokers' Investment System
- institutional buyout
- institutional financing
- institutional fund
