Principal trades involve a brokerage's own inventory of securities, while agency trading involves trading with another investor, potentially at another brokerage.

2025年3月7日 · Discover how agency trading works, the role of intermediaries, commission structures, and key regulations that shape this brokerage service.

Whereas a principal transaction stays within the confines of a single brokerage, an agency transaction extends outside the brokerage to a counterparty investor.

2024年12月21日 · What Is Agency Trading? Agency trading involves a broker who matches buy and sell orders from different clients without taking ownership of the securities. In agency …

2025年7月31日 · Explore this guide from Benzinga to learn the difference between principal and agency trading, how each works, and their pros and cons.

In this article Gerard Walsh, Northern Trust’s Global Head of Capital Markets Client Solutions considers agency trading in the context of conflicts of interest.

Principal trading and agency trading represent two distinct business models in financial markets. Principal trading occurs when a firm trades for its own account and assumes market risk, while …

The agency model of trading involves a brokerage customer trading with another investor or brokerage. The broker must find a counterparty willing to buy or sell the security for the same …

2022年10月28日 · Agency trading is a lot different than principal trading. In simple terms, you gave your securities to someone else to take care of them for you expecting a return in …

2021年12月10日 · The DOL takes the view that an investment advisor can enter into cross-trades if an explicit exemption is available, however it’s generally recommended to avoid cross …