Definition of Curbstone broker. Meaning of Curbstone broker. Synonyms of Curbstone broker

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Definition of Curbstone broker

Curbstone broker
Broker Bro"ker (br[=o]"k[~e]r), n. [OE. brocour, from a word akin to broken, bruken, to use, enjoy, possess, digest, fr. AS. br[=u]can to use, enjoy; cf. Fries. broker, F. brocanteur. See Brook, v. t.] 1. One who transacts business for another; an agent. 2. (Law) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own. --Story. 3. A dealer in money, notes, bills of exchange, etc. 4. A dealer in secondhand goods. [Eng.] 5. A pimp or procurer. [Obs.] --Shak. Bill broker, one who buys and sells notes and bills of exchange. Curbstone broker or Street broker, an operator in stocks (not a member of the Stock Exchange) who executes orders by running from office to office, or by transactions on the street. [U.S.] Exchange broker, one who buys and sells uncurrent money, and deals in exchanges relating to money. Insurance broker, one who is agent in procuring insurance on vessels, or against fire. Pawn broker. See Pawnbroker. Real estate broker, one who buys and sells lands, and negotiates loans, etc., upon mortgage. Ship broker, one who acts as agent in buying and selling ships, procuring freight, etc. Stock broker. See Stockbroker.
Curbstone broker
Curbstone Curb"stone` (k?rb"st?n`), n. A stone ?et along a margin as a and protection, as along the edge of a sidewalk next the roadway; an edge stone. Curbstone broker.See under Broker.

Meaning of Curbstone broker from wikipedia

- phrase curbstone broker or curb-stone broker refers to a broker who conducts trading on the literal curbs of a financial district. Such brokers were prevalent...
- IEX. The exchange grew out of the loosely organized curb market of curbstone brokers on Broad Street in Manhattan. Efforts to organize and standardize...
- broker. He was a leading curbstone broker who organized the Curb Market Agency in 1908 that developed appropriate trading rules for curbstone brokers...
- Carl Howard Pforzheimer (1879–1957) was an American banker and curbstone broker based in New York City. He was a founder of the American Stock Exchange...
- curb market of curbstone brokers became established on Broad Street in the mid-1800s, growing in part out of the Open Board of Brokers, previously in...
- Agency was established, to codify trading practices. In 1911, the curbstone brokers came to be known as the New York Curb Market, with a formal constitution...
- outside the main stock exchange, which is the origin of the phrase. Curbstone broker New York Curb Exchange American Stock Exchange (Amex or AMEX) Chicago...
- For the prominent curbstone broker, see Emanuel S. Mendels Emanuel Mendel (October 28, 1839 – June 23, 1907) was a German neurologist and psychiatrist...
- by the San Francisco Stock Exchange. San Francisco Bay Area portal Curbstone broker Regional stock exchange List of former stock exchanges in the Americas...
- (2004; Harper Perennial ed. 2005), pp. 197–99. Robert Sobel, The Curbstone Brokers: The Origins of the American Stock Exchange (1970: Bread Books ed...
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