from the GNU version of the Collaborative International Dictionary of English.
- noun a financial specialist who trades for his own account and so acts both as a broker and principal.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a financial specialist who trades for his own account and so acts both as a broker and principal
Sorry, no etymologies found.
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The company applied in January to the SEC to register as a broker-dealer, which is a firm that trades securities.
Guidance Is Sought on Private Trading of Closely Held Companies
Last month, Mizuho's U.S. broker-dealer announced it hired seven sales and trading executives, four for fixed income and three for futures.
The dispute stems from Lehman's suit last year against Barclays accusing the British bank of negotiating a discount not adequately disclosed to the bankruptcy court when it bought Lehman's broker-dealer unit in 2008; Judge Peck earlier this year ruled in favor of Barclays.
"The belief is, it ain't gonna last," said David Ader , head of government-bond strategy at CRT Capital Group LLC, a broker-dealer in Stamford, Conn.
The SEC said in June that it disagrees with SIPC's stance and authorized the lawsuit if SIPC didn't begin a liquidation of Stanford Group, a U.S.-based broker-dealer through which Mr. Stanford sold the certificates to American investors.
Judge Hands SEC Initial Victory in Suit Against Insurance Fund
A long dispute could accelerate cord-cutting because many shows are available free online, said Rich Greenfield, a media analyst for New York broker-dealer BTIG.
In an SEC case against broker-dealer Morgan Keegan & Co., regulators allege that a subprime fund manager there manipulated the prices of bond funds that were having losses.
NEW YORK — Mizuho Financial Group Inc. 's U.S. broker-dealer division has opened an equity research desk initially focused on energy, technology and life sciences.
"The clarification appeared to be S&P saying 'never mind' and 'we'll resume rating new CMBS deals,' " said Darrell Wheeler , head of CMBS strategy at Amherst Securities Group, a New York-based broker-dealer.
David Freniere, deputy general counsel at independent broker-dealer LPL Financial Corp., which is also participating in the pilot program, said the pilot program has worked well.
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