''As a policy interoperability tool provider and a data
access broker, the IPAC will harmonize projects to ensure successful ethics, privacy and access review, thereby reducing unnecessary bureaucracy and delays," said Prof.
Subject to FINRA approval, Cantor Clearing will provide a comprehensive suite of services to correspondent clearing firms including institutional broker dealers, online direct
access broker dealers, registered investment advisors and other asset managers.
JitneyTrade is an agency-based Direct
Access Broker.
Figure 10 presents a portion of a value-chain analysis of wholesale origination expenses incurred for underwriting, processing and closing functions performed by both brokers and lenders based on Columbia, Maryland-based Wholesale
Access broker data and 2002 MBA/STRATMOR Peer Group data.
UK investors can
access broker research, real time pricing and share and sector charts either for free or for a minimal charge as part of an online share-dealing account.
Citing the Wholesale
Access broker study, Calyx Software, on its Web site, reports that "66 percent of mortgage brokers and direct lenders use Point[R]--a figure greater than all other mortgage automation applications combined." This claim no doubt would be quibbled with by others in the competitive LOS space.
Tapping into the app, investors can also
access brokers' performance levels and check the legal status of real estate offices in which they work, apart from listing the Top 10 and Top 100 brokers.
The majority of third-party vendor execution management systems used by clients to
access brokers' algorithms support multiple asset classes, so it is simple to extend the existing algorithmic connections to futures.