Agency basis definitions

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Agency basis

Agency basis logo #20047A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms. agency incentive arrangement. A means of compensating the broker of a program trade using benchmark prices for issues to be traded in determining commissions or fees.
Found on http://www.encyclo.co.uk/local/20047

Agency Basis

Agency Basis logo #22402A means of compensating the broker of a program trade solely on the basis of commission established
Found on http://www.encyclo.co.uk/local/22402
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