Details for Selection
Standard label: | Floor Brokerage, Policy [Policy Text Block] |
Name: | us-gaap:FloorBrokeragePolicy |
Documentation: | Disclosure of accounting policy for the recognition and recording of fees paid to other broker dealers for executing trades. Broker-dealers often use other brokers to execute trades on their behalf. The trading broker-dealer becomes a customer of the executing broker-dealer and pays a floor brokerage fee. Such fees are paid periodically either directly to the executing broker-dealer or through a clearinghouse. These include fees paid to clearing brokers and market specialists. |
Commentary: | |
Data type: | Text Block (HTML) (nonnum:textBlockItemType) |
Period type: | For period (duration) |
Balance type: | |
Object class: | [Text Block] |