Web www.software-risk.co.uk

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

Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

Related Articles
W-9
Financial adviser
Federal margin call
Exchange distribution
Equity floor
Equity cap
Discount broker
Customized benchmarks

Similar Areas

Finance Items

Selected Books

Keywords

Agency incentive arrangement

agency

incentive

broker

program trade

benchmark

commission

commissions