Question:

What are house brokers on the New York Stock Exchange?

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What are house brokers on the New York Stock Exchange?

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  1. Your question is some what ambiguous,

    But a house broker can be a stock broker that works for a particular brokerage firm

    A "house" is basically another name for a brokerage firm

    A house broker is also some one who only works for the partners or officers of a given brokerage firm and usually works on the trading desk

    A house broker is some one who works on the floor of the exchange and works (processes) the orders for a given member firm, and could also works orders as a service for other member firms.

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