A broker on the floor of an exchange who acts as agent for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis.
Similar Matches
Commission house
Commission house A firm that buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account.
Federal Maritime Commission (FMC) A U.S. government agency that regulates and administers the shipping industry. This agency also grants freight forwarder licenses.