What is a Brokerage and How Does It Work (Types, Definitions, Examples)?
Peak Frameworks
AUGUST 24, 2023
A brokerage is a company that mediates transactions and fosters market liquidity in the financial markets by acting as a middleman between buyers and sellers. They primarily focus on executing trades, like E*TRADE. Despite this, some brokerages still charge commissions, especially on specific types of trades, like options.
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