gross per broker

Gross per broker

The dollar amount of commissions generated by a broker or registered representative over a specific period.

Gross Per Broker

The commissions a broker earns over a given period. Every time a broker executes a trade on behalf of a client, that broker earns a commission, which may be a flat fee, but is usually a percentage of the value of the transaction. Many brokerages calculate their revenue in terms of gross per broker, and most expect their brokers to earn a certain gross as quota. Typically, individual brokers receive approximately one third of their gross as salary.

gross per broker

The number of commissions produced by a broker during a given period. The productivity of a registered representative and a brokerage office is often measured by the gross commissions per broker. Registered representatives are generally allowed to keep about one third of their gross commissions.

单词	gross per broker
释义	gross per broker Gross per broker The dollar amount of commissions generated by a broker or registered representative over a specific period. Gross Per Broker The commissions a broker earns over a given period. Every time a broker executes a trade on behalf of a client, that broker earns a commission, which may be a flat fee, but is usually a percentage of the value of the transaction. Many brokerages calculate their revenue in terms of gross per broker, and most expect their brokers to earn a certain gross as quota. Typically, individual brokers receive approximately one third of their gross as salary. gross per broker The number of commissions produced by a broker during a given period. The productivity of a registered representative and a brokerage office is often measured by the gross commissions per broker. Registered representatives are generally allowed to keep about one third of their gross commissions.
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