Any person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others. See: Dealer.

A broker-dealer (B/D) is a license granted by the Securities and Exchange Commission (SEC) that entitles the licensee to buy and sell securities for its clients’ accounts. The firm may also act as principal, or dealer, trading securities for its own inventory. Some broker-dealers act in both capacities, depending on the circumstances of the trade o [..]

A general term for a securities firm that is engaged in both buying and selling securities for customers (i.e., agency or riskless principal trades) and/or for its own account (i.e., principal trades) [..]

A firm, often the subsidiary of an investment bank, that buys and sells securities for itself and others.

refers to any registered member of the National Association of Securities Dealers (NASD). The term is often used to refer to brokerage firms who are NASD members. NASD members trade within the Over-th [..]

is an individual or company that buys and sells securities for its clients and for itself. Broker-dealers differ from plain-vanilla brokers, which can only buy and sell for their clients. Most brokera [..]

A general term for a securities firm that is engaged in both buying and selling securities for customers (i.e., agency trades) and also buying and selling for its own account (i.e., principal trades). The term generally would not be used to refer to a dealer bank or a broker's broker.

(n) a financial specialist who trades for his own account and so acts both as a broker and principal

Any person, other than a bank, engaged in the business of buying or selling securities on her or his own behalf for others.

Any person, other than a bank, engaged in the business of buy ing or selling securities on its own behalf or for others.

Any person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others.

 a broker who also acts as a buyer or seller to transactions and thus becomes a principal party to a deal. In the over the counter derivatives segment, broker-dealers usually act as counterparty to end customers. 

A firm that handles transactions for its customers and also purchases securities for its own account, selling them to customers.

Any person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others. See: Dealer.