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Glossary > A > "Agency incentive arrangement" Definition

Agency incentive arrangement

A means of compensating the broker of a program trade using benchmark prices for issues to be traded in determining commissions or fees.

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Agency incentive arrangement - A means of compensating the broker of a program trade using benchmark prices for issues to be traded in determining commissions or fees.

Agency incentive arrangement : a means of compensating the broker of a program trade using benchmark prices for issues to be traded in determining commissions or fees.