BNET Business Dictionary
Business Definition for: Introducing Broker
- a broker who cannot accept payment from customers
Additional Resources
- Albridge Solutions to Deliver Wealth Reporting Technology to First Southwest Correspondent Clearing's Introducing Broker-Dealer Network
- Dallas Company is First Clearing Firm to Provide Access to Scalable, Consolidated Portfolio Reporting Technology LAWRENCEVILLE, N.J. -- Albridge Solutions Inc., a provider of portfolio accounting and wealth management services, will deliver its enterprise data consolidation and wealth management platform to First Southwest Correspondent Clearing and its network of...
- Research articles 2007-10-08
- FfastTrade. (Platforms).(advertisement)
- FfastTrade, a newly created entity between FFastFill Inc. and LaSalle St. Trading Group, offers professional electronic trading through direct access to the Chicago Mercantile Exchange CME. An introducing broker, FfastTrade (www.ffasttrade.com) . FfastTrade, a newly created entity between FFastFill Inc. and LaSalle St....
- Research articles 2002-06-01
- FCStone Group, Inc. F1Q09 (Qtr End 11/30/08) Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions Your first question comes from Mark Lane - William Blair & Company Mark Lane - William Blair & Company Could you first explain the note from the introducing broker and did that mitigate the loss in the quarter or is that just have an impact...
- Earnings calls 2009-01-08
- Failure of MJK Clearing: Case Study
- This case study pertains to SIPC's concerns related to the liquidation of MJK, a broker-dealer in Minneapolis. MJK cleared for 65 introducing broker-dealers and had approximately 175,000 customer accounts. At the time of this study, the liquidation has cost SIPC approximately $110 million. In its Request for Proposal, SIPC requested...
- Case studies 2003-04-15
- Puritan Financial Companies, Inc. Launches Investment Services Division
- Puritan Financial Companies, Inc. Puritan has announced the launch of an investment services division consisting of two wholly owned subsidiaries: -- Puritan Brokerage Services, Inc. (broker/dealer services) -- Puritan Investment Advisors, Inc. registered investment advisor services Both subsidiaries will develop business primarily through referrals from the parent...
- Research articles 2008-01-10
- The Bank of New York's Pershing Unit to Provide Customers with Access to Morningstar Fund Analytics
- JERSEY CITY, N.J. -- Pershing LLC, a member of BNY Securities Group and a subsidiary of The Bank of New York, will provide its introducing broker-dealer customers with access to Morningstar Fund Analytics through its NetExchange ProR online brokerage platform.
- Research articles 2004-11-16
- The Bank of New York Company, Inc.'s Pershing Unit to Provide Customers with Access to Morningstar® Advisor Workstation Enterprise Edition
- JERSEY CITY, N.J. -- Pershing LLC, a member of BNY Securities Group and a subsidiary of The Bank of New York Company, Inc., will provide its introducing broker-dealer customers with access to the MorningstarR Advisor WorkstationSM Enterprise Edition, a powerful web-based application that provides investment professionals with investment planning, client...
- Research articles 2006-06-06
- Prime Brokerage Services Platform Launched by Silver Leaf Partners
- NEW YORK -- Silver Leaf Partners, LLC announced today the official launch of a new prime brokerage service called SLPrime. As an introducing broker dealer to Merrill Lynch, Silver Leaf Partners offers a unique prime brokerage service that combines the global brokerage and clearing capabilities of Merrill Lynch with high...
- Research articles 2004-12-17
- Ex-Man vice president sets up Altegris Investments.
- Byline: Alistair Graham Jon Sundt, a former senior vice president of Man Financial, has left the firm to set up a hedge fund advisory service, Altegris Investment.Altegris will act independently, but is a guaranteed introducing broker for Man Financial, the brokerage subsidiary of US...
- Research articles 2002-07-17
- Data Broadcasting Announces Strategic Alliance With Prime Time Investment Services
- Business Editors HAYWARD, Calif.--BUSINESS WIRE--June 26, 2000 Data Broadcasting Corporation (Nasdaq:DBCC), America's leading provider of real-time financial market data to traders and individual investors, today announced a strategic alliance with Prime Time Investment Services, Inc. to provide DBC's eSignal real-time data feed to Prime Time Investment clients. ...
- Research articles 2000-06-26
- Making His Mark
- F Scott Fitzgerald once said there are no second acts in American lives, but can there be a second act for a broker-dealer? How about a third act? Royal Alliance is counting on it. The New York-based firm was once the top independent broker-dealer in the country, but toward the...
- Research articles 2002-06-01
- The Miami Herald Money Matters Column.
- By Harriet Johnson Brackey, The Miami Herald Knight Ridder/Tribune Business News Jul. 19--DISCLOSURE? OR REFORM HIJACKED? WASHINGTON -- Someday soon, you're likely to get far more specific information about the mutual funds you've purchased. You may get a notice that tells ...
- Research articles 2004-07-19
- Shortened Settlement Cycle
- Unprecedented changes are sweeping the financial services industry and are having a dramatic impact on capital markets by fundamentally altering the existing trading, clearance, and settlement infrastructure. The SEC's recommendation will affect all financial markets' participants, including retail and institutional investors, introducing brokers, clearing broker/dealers, exchanges, depositories, utilities, and vendors....
- White papers 2000-01-01
- Some Target customers can now peek - ETrade Group Inc. to set up access stations in Target Corp. stores - Brief Article
- Some Target customers can now peek at their portfolios as they ponder the houseware designs of Michael Graves. The store is introducing E*TRADE Zones at 20 SuperTarget stores this year. The Web broker's centers will feature workstations with access to its Web site. The site includes stock quotes, portfolio reviews...
- Research articles 2001-02-05
- Newly Launched thinkorswim Canada Selects Penson as Canadian Securities Services Provider
- TORONTO -- Penson Financial Services Canada Inc., a member of the Penson Worldwide (NASDAQ: PNSN) group of companies, and leading independent Canadian clearing firm, today announced it has entered into an introducing/carrying broker agreement with thinkorswim Canada, a newly launched member of leading U.S. online brokerage firm thinkorswim (NASDAQ: SWIM)....
- Research articles 2008-01-18
- Call for early action on trust performance.
- Managers and boards must be more proactive in instigating changes on their trusts, according to analysts and trust houses. The AGBP105.9m Finsbury Growth & Income trust and, more recently, the AGBP56.8m Invesco Perpetual European trust have led the way in introducing changes to control...
- Research articles 2005-02-28
- As Deadline for Reg. NMS' Order Protection Rule Looms, OES Remains 'On or Ahead of Schedule' With Solutions
- PRINCETON, N.J. -- As the implementation dates for the Order Protection Rule of Reg. NMS draw closer, Order Execution Services Holdings, Inc. OES reports that it is "on or ahead of schedule" to help its clients meet many of the considerable requirements of the regulatory mandate from the SEC. ...
- Research articles 2006-05-11
- Prudential Select Brokerage Introduces Long Term Care Insurance to Independent General Agencies
- NEWARK, N.J.--BUSINESS WIRE--Oct. 7, 1999-- Broker Dealers See LTC Growth Ahead; General Agencies Access Electronic Product Kit Prudential Select Brokerage, a division of The Prudential Insurance Company of America, Newark, NJ, is introducing Prudential Long Term CareSM Insurance to a number of independent general agencies with experience...
- Research articles 1999-10-07
- CyBerCorp.com Advances Technology, Lowers Prices and Expands Client Service Center for Active Online Investors
- Business/Hi-Tech Editors NEW YORK--BUSINESS WIRE--June 13, 2000 Announces CyBerCorp Institutional -- Next Generation Electronic Trading Technology for Institutional Traders CyBerCorp.com, a leading electronic broker for active investors, today announced that it is reducing its commissions -- to as low as $9.95 -- while introducing its new...
- Research articles 2000-06-13
- Mesirow Financial Forms Correspondent Compliance Services Partnership With MGL
- Mesirow Financial, Inc. ("Mesirow Financial") and MGL Consulting Corporation ("MGL") are pleased to announce the formalization of their correspondent compliance services partnership. Following Mesirow Financial's Correspondent Conference in November, the firm began working with MGL to determine ways to help its introducing firms meet the ever expanding regulatory burden...
- Research articles 2005-01-31
