Carrying Broker
A member of a commodity exchange, usually a futures commission merchant, through whom another broker or customer elects to clear all or part of its trades. |
Similar financial terms
BrokerA broker is an agent who executes orders to buy or sell securities or other assets on behalf of a client in exchange for a commission.
Brokered market
A market where an intermediary offers search services to buyers and sellers.
Commission broker
A broker on the floor of an exchange acts as agent for a particular brokerage house and who buys and sells stocks for the brokerage house on a commission basis.
Discount broker
A brokerage house featuring relatively low commission rates in comparison to a full-service broker.
