BTIG v Reiss (2011, Commercial Court) Acting for firm
of agency brokers Breach of contract — losses arising from unauthorised trading
Bloomberg Tradebook is a
leading agency broker that offers trading solutions for equities, options and futures to actively manage complex trading strategies in more than 100 global exchanges.
Small and medium independents can be more effective as
single agency brokers; it's large agencies with mass listings that run the risk of dual agency.
Fortunately, the problem noted can be solved and has been solved before in traditional markets, through the intermediation
of agency brokers.
The US equity trading platform PDQ Enterprises,
the agency broker Clearpool, and the high - speed trading firm Virtu Financial all favor the proposal.
In March,
the agency brokered a $ 2.5 million settlement with Humana, the Kentucky - based health care giant.
Interactive Brokers LLC is
an agency broker for its clients.
(Remember, though,
the agency broker also pays a markup to the dealer selling the bond.)