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 Glossary   >   B   >   "Broker to broker" Definition   

        Broker to broker

A term used by the London Stock Exchange to denote that a transaction was between two member firms where neither firm is registered as a market maker in the security in question and neither is a designated fund manager.Brokers may also apply this indicator when buying or selling domestic equity market securities through a broker, which is not a member firm.

Broker to broker


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Broker to broker - A term used by the London Stock Exchange to denote that a transaction was between two member firms where neither firm is registered as a market maker in the security in question and neither is a designated fund manager.Brokers may also apply this indicator when buying or selling domestic equity market securities through a broker, which is not a member firm.


Broker to broker : a term used by the london stock exchange to denote that a transaction was between two member firms where neither firm is registered as a market maker in the security in question and neither is a designated fund manager.brokers may also apply this indicator when buying or selling domestic equity market securities through a broker, which is not a member firm.