broker

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broker

Drug slang
A regional term for a go-between in a drug deal.
 
Health insurance
A person licensed by the state who places business with several insurers; the broker, while paid a commission by the insurer, represents the buyer rather than the insurer.
 
Vox populi
Any person who acts as a go-between between an offerer or buyer and seller of goods or services.
References in periodicals archive ?
FSS has maintained a stable market presence in its core segment of retail brokerage. More than 68% of its total revenue is generated from securities brokerage commissions, compared with the 55% industry average.
"RKF has been consistently ranked as the top retail brokerage company in New York and has demonstrated national and global expertise," said Barry M.
* Managed accounts -- about 228,0001 retail brokerage accounts held at Merrill Lynch as of February 2015 under the discretionary management of a Merrill Lynch registered representative or Merrill Lynch-approved outside investment adviser; and
Shuaa has exited retail brokerage operations in Saudi Arabia, Egypt, Jordan and Turkey and also cut jobs in its corporate functions as it seeks to return to profit.
This includes one-off costs related to closing down SHUAA Securities offices in Jordan, Egypt as well as significantly reducing its presence in Abu Dhabi and Riyadh, related employee termination expenses and provisions as well as an AED 69.7 million goodwill impairment charge for the exit from its retail brokerage activities.
"The board took the tough but necessary decision to exit retail brokerage and focus on providing sales and trading services to institutions, family offices and high-net-worth individuals.
"There could be some minor writedowns in Q4, but they're negligible," he said, adding that the company expected no writedowns outside the retail brokerage business.
With a retail brokerage licence, Citigroup Korea will be able to offer more products and services to its wealth management business, chief executive Ha Yung-ku reportedly said in an interview.
Morgan Stanley's fourth-quarter shareholder profit surged 60% as rising fees from retail brokerage helped offset the weak fixed-income trading results that have marred earnings across Wall Street.
Retail brokerage Lansco has claimed in a lawsuit that it was cheated out of a $1 million commission in the 20-year Bowlmor deal, though the suit does not name either Futterman or African Israel as defendants.
Investors' concern over earnings of financial institutions was fueled after a news report hit Wall Street that the cash-strapped Citigroup is planning to sell a controlling stake in the Smith Barney retail brokerage business to Morgan Stanley
With these two additions, Pharos completes the portfolio of services supporting its securities brokerage clients which include Global Depository Receipt (GDR) trading, an expanding retail brokerage branch network, and a world-class research department.