Two Dollar Broker
A floor broker who executes orders for other brokers who cannot do it themselves because they have more business than they can handle at that particular time. Investopedia Says:
The name came about because brokers were once paid $2.00 for a round lot trade. Today, commission is negotiated. Related Terms:
Agent
Broker
Broker-Dealer
Dealer
Discount Broker
Front Running
Full Service Broker
Give Up
Market Maker
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