Broker-Dealer
Licensed securities professional who can execute trades and place investors in CrossSecurities offerings through our network.
Full Definition
A broker-dealer is a financial firm or individual licensed to buy and sell securities on behalf of clients (broker function) and/or for their own account (dealer function). In most jurisdictions, broker-dealers must be registered with relevant regulators (FINRA/SEC in the US, FCA in the UK, etc.).
On Sails.to, licensed broker-dealers participate in our network to:
- Place their clients in primary offerings (earning up to 5% commission)
- Facilitate secondary trading on our OTC network (0.5% split)
- Provide market-making and liquidity services
Why It Matters
Broker-dealers provide crucial infrastructure for securities markets. They ensure proper investor qualification, provide investment advice, and create liquidity through market-making. Our multi-broker network ensures competitive pricing and broad distribution for issuers.
For issuers, the broker network means access to qualified investors without building distribution capabilities yourself.
Related Terms
Join our broker network
Access deal flow and earn commissions on CrossSecurities.
Broker Partnership