Glossary · from the DESK dictionary
Broker
A person or firm acting as an intermediary between buyers and sellers of securities in exchange for a fee or commission.
In plain words
The bridge between an investor and the actual market through which orders are actually placed.
What it means for traders
An absolutely foundational concept for anyone who has ever traded a security.
Common pitfalls
Conflicts of interest can arise when brokers simultaneously act as principal.
Related terms
Stockbroker · Broker-Dealer · Brokerage Account
From the DESK dictionary. For information only, not investment advice.
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DESK is a research tool and not investment advice. Page generated: 2026-10-12.