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Glossary > B > "Broker Association" Definition

Broker Association

A permitted association between exchange members who have shared responsibility for the execution of orders placed by their customers. These members thereby gain access to a collective pool of un-transacted orders, and they share the profits and losses associated with trading activities.

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Broker Association - A permitted association between exchange members who have shared responsibility for the execution of orders placed by their customers. These members thereby gain access to a collective pool of un-transacted orders, and they share the profits and losses associated with trading activities.

Broker Association : a permitted association between exchange members who have shared responsibility for the execution of orders placed by their customers. these members thereby gain access to a collective pool of un-transacted orders, and they share the profits and losses associated with trading activities.