broker association

Definition of "broker association"
  1. A group of individuals who have trading privileges, jointly execute customer orders, potentially share each other's unfilled customer orders due to their shared work or relationships, and may share the financial outcomes of their brokerage or trading activity
How to use "broker association" in a sentence
  1. The members of the broker association partnered to execute large, complex trading orders.
  2. The broker association shares profits and losses derived from their collective trading activities.
  3. Brokers within the broker association have access to each other's unfilled customer orders due to their professional relationship.

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