Glossary entry (derived from question below)
English term or phrase:
Introducing broker
English answer:
Solicitor of Buyers of Futures Contracts or Futures Options
Added to glossary by
Hassan Al-Haifi (wordforword)
Aug 21, 2005 00:30
18 yrs ago
13 viewers *
English term
Introducing broker
English
Bus/Financial
Finance (general)
brokerage
Does the term mean the same as curb broker?
Change log
Aug 21, 2005 01:43: Fuad Yahya changed "Language pair" from "English to Arabic" to "English"
Responses
+1
1 hr
Selected
Solicitor of Buyers of Futures Contracts or Futures Options (See Note)
Webster's Online Dictionary defines it as:
A person or organisation that solicits or accepts orders to buy or sell futures contracts or commodity options but does not accept money or other assets from customers to support such orders.
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Note added at 1 hr 28 mins (2005-08-21 01:59:37 GMT)
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Solicitor may be person or firm or organization and there is usually no payment of money or receipt of assets by the broker.
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Note added at 7 hrs 22 mins (2005-08-21 07:53:40 GMT) Post-grading
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A person or organisation that solicits or accepts orders to buy or sell futures contracts or commodity options but does not accept money or other assets from customers to support such orders.
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Note added at 1 hr 28 mins (2005-08-21 01:59:37 GMT)
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Solicitor may be person or firm or organization and there is usually no payment of money or receipt of assets by the broker.
--------------------------------------------------
Note added at 7 hrs 22 mins (2005-08-21 07:53:40 GMT) Post-grading
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Peer comment(s):
agree |
Jack Doughty
: This is a term used in the industry, whereas curb broker just means someone who puts up posters about share issues.
21 mins
|
Thanks Jack; also for the clarification on curb broker
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2 KudoZ points awarded for this answer.
Comment: "Thank you very much; I already kenw what the term means in English but I was looking for an equivalent in Arabic."
2 hrs
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