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Alias Born 10/14/2012

Re: None

Friday, 10/31/2014 12:47:42 AM

Friday, October 31, 2014 12:47:42 AM

Post# of 2804248
This is preferable for broker-dealers because they receive commissions on both the buy and sell-side of the trade. In executing client orders, broker-dealers may also buy or sell for their own (principal) account, at their own risk. If, however, there is no match for a trade or a broker-dealer does not wish to trade for their own account then a broker-dealer must find another broker-dealer willing to trade that particular security.

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