FT MarketWatch

Deep discount broker

A Brokerage which offers even lower commissions than a Discount broker, but also provides even fewer services to Client. Generally, such a Broker will provide nothing beyond Execution of stock and Option trades, and will Charge a Flat fee regardless of the size of the trade. They are thus a very economical Option for a Trader who only needs for his/her trades to be executed, and nothing else.

Related Terms: 18 Broker, Brokerage, Charge, Commission, Client, Discount broker, Execution, ECU, Economic, Flat, Lien, Low, Offer, Option, Owe, Rally, Trade, Trader
Other Related Pages: Category: Brokerages Starting With: D
Additional Related Terms: 10-K, 52-week low, 19c3 stock, Allowance for depreciation, Accrual of discount, Accrued market discount, American Stock Exchange, Amortization of premium, At par, All or any part