XBRL Tag: FloorBrokerage
Search Elements:

Taxonomy
us-gaap
Name
FloorBrokerage
Label
Floor Brokerage
Period Type
duration
Balance Type
debit
Type
xbrli:monetaryItemType
Definition
Broker-dealers often use other brokers to execute trades on their behalf. The trading broker-dealer becomes a customer of the executing broker-dealer and pays a floor brokerage fee. Such fees are paid periodically either directly to the executing broker-dealer or through a clearing house.
Parents:

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