commission house

Definitions

Accounting

  • noun a firm which buys or sells for clients, and charges a commission for this service

Forex

  • (written as Commission House)
    A foreign exchange brokerage or other investment services provider that only executes market transactions on behalf of clients. While many investment firms trade for their own accounts in addition to customer accounts, commission houses trade strictly for customer accounts, in order to maintain focus on client needs and avoid conflicts of interest.
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