附加知识以下内容来自investopedia.com) Broker-Dealer“经纪自营商”,或译作“券商” A person or firm in the business of buying and selling securities operating as both a broker and a dealer depending on the transaction.
Technically, a broker is only an agent who executes orders on behalf of clients, whereas a dealer acts as a principal and trades for his or her own account. Because most brokerages act as both brokers and principals, the term broker-dealer is commonly used to describe them.
Dealer自营商 1. An individual or firm willing to buy or sell securities for their own account.
2. One who purchases goods or services for resale to consumers.
A dealer differs from an agent in that a dealer acts as a principal in a transaction. That is, a dealer takes ownership of assets and is exposed to inventory risk, while an agent only facilitates a transaction on behalf of a client.