Kursmakler

German

Etymology

Kurs (price; rate) +‎ Makler (broker)

Pronunciation

  • IPA(key): /ˈkʊʁsˌmaːklɐ/
  • Hyphenation: Kurs‧mak‧ler

Noun

Kursmakler m (strong, genitive Kursmaklers, plural Kursmakler, feminine Kursmaklerin)

  1. (finance) specialist, official broker (a broker authorized to determine official prices of securities on a stock exchange)
    Der Kursmakler stellt das Orderbuch gegenüber und ermittelt den marktgerechten Preis.
    The official broker balances the order book and determines the fair market price.
    Mit der Einführung des elektronischen Handels hat die Bedeutung der Kursmakler auf dem Parkett stark abgenommen.
    With the introduction of electronic trading, the importance of official brokers on the floor has significantly decreased.
Declension

Antonyms

  • Freimakler (unofficial broker; floor broker)

Coordinate terms

Further reading

References