All books

Professional

Apps About Coach Log in Start reading

Quantitative Finance · Glossary

What is Sell side and broker-dealer?

Also known as: sell side · broker-dealer

Definition 2.1 Markets I: The Ecosystem and Exchange-Traded Markets · Chapter 2 — The Sell Side

The sell side is the set of firms that sell trading services to investors: execution, prices, financing, research and new issues. Its legal vehicle is the broker-dealer, a firm licensed both to execute clients’ orders as agent (broker) and to trade with them as principal (dealer).

Read in context →