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Old 01-05-2008, 11:05 PM   #1
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Institutional?
Could someone give me a good definition of what it means to use an "institutional" broker?

Why does it benefit a trader to go this route?

More perks? access?
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Old 01-05-2008, 11:08 PM   #2

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Re: Institutional?
That just means that the trader is trading within a firm or as an insitutional trader or a prop trader, thus comissions are significantly lower compared to the average retail trader.
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