What is the difference between a broker dealer and a hedge fund?

Mar 16, 2012

∙ Paid

What is the difference between a broker dealer and a hedge fund?

Simply ask Wikipedia, but the result is really correct. A broker-dealer either acts/trades on behalf of a customer (broker) or trades on his/the companies own account (dealer). A hedge fund is always a dealer acting on behalf of the fund. He is not a broker because the actual trader and t…

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