Series 24: 5.5.2.3.2. Two-Dollar Brokers

Taken from our Series 24 Online Guide

5.5.2.3.2. Two-Dollar Brokers

Two-dollar brokers are independent brokers that assist floor brokers, but they are not employed by a member firm. They are called two-dollar brokers because they used to earn $2 per trade. Two-do

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