Broker

A broker is an individual or party (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Distinguish agent—one who acts on behalf of a principal.

Definition

A broker is an independent agent used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate broker who facilitates the sale of a property.

Brokers also can furnish market information regarding prices, products, and market conditions. Brokers may represent either the seller (90% of the time) or the buyer (10%) but not both at the same time. An example would be a stockbroker, who makes the sale or purchase of securities on behalf of his client. Brokers play a huge role in the sale of stocks, bonds, and other financial services.

Broker (disambiguation)

A broker is a party that mediates between a buyer and a seller.

Broker may also refer to:

  • Broker, Lewis, a small hamlet in the Outer Hebrides of Scotland
  • The Power Broker, 1974 biography of Robert Moses
  • The Broker, a novel by John Grisham
  • Information broker, a person or business that researches information for clients
  • Broker, not be confused with Dukes, is a borough in fictitious Liberty City in Grand Theft Auto IV
  • Customs broker, one who clears goods through customs for import or export.
  • Broker, a R. P. Patnaik Telugu movie released in 2010
  • In computing:

  • Service-oriented architecture (service broker), software which mediates between a client objects and a server (or requester or caller)
    • Object request broker, allows programmers to make program calls from one computer to another via a network
    • Storage Resource Broker, a data grid middleware software system produced by the San Diego Supercomputer Center
    • Tunnel broker, provides a network tunnel
    • Message broker, an intermediary program that translates a message from the formal messaging protocol of the sender to the formal messaging protocol of the receiver
  • Service-oriented architecture

    A service-oriented architecture (SOA) is an architectural pattern in computer software design in which application components provide services to other components via a communications protocol, typically over a network. The principles of service-orientation are independent of any vendor, product or technology.

    A service is a self-contained unit of functionality, such as retrieving an online bank statement. By that definition, a service is an operation that may be discretely invoked. However, in the Web Services Description Language (WSDL), a service is an interface definition that may list several discrete services/operations. And elsewhere, the term service is used for a component that is encapsulated behind an interface. This widespread ambiguity is reflected in what follows.

    Services can be combined to provide the functionality of a large software application. SOA makes it easier for software components on computers connected over a network to cooperate. Every computer can run any number of services, and each service is built in a way that ensures that the service can exchange information with any other service in the network without human interaction and without the need to make changes to the underlying program itself.

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    Stakeholders sensitised about impact of US sanctions on 400+ Russian entities: Govt

    Hindustan Times 20 Mar 2025
    NEW DELHI ... FILE PHOTO ... refinery in Mumbai (REUTERS) ... These entities included oil majors and their subsidiaries, LNG terminals, insurance companies, oil traders and brokers, oil vessels and providers of oilfield services ... Govt. See Less ....
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