Dealer - Definition

An individual or entity that acts as a Principal and stands ready to buy and sell for its own account. More generally, a dealer sells products and holds inventory. In forex there are Broker/dealers who take on on both the responsibilities of a broker and a dealer. In their roles as dealers, a broker/dealer will act on the behalf of the brokerage firm, initiating transactions that involve the firm's account. As brokers, the broker/dealer will focus on the needs of clients of the firm, handling transactions that are placed on behalf of client accounts.



Terms near "Dealer"

Dealer bank
Dealer market
Dealing Desk
Death benefit
Debenture
Debenture stock
Debit
Default
Deficit
Deflation
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