Institutional Broker definition

Institutional Broker means a person which is licensed as either a dealer, broker or adviser under the Act and the business of which is predominantly the provision of services to non-retail investors but also the provision of services to retail investors within the meaning of the Act;
View Source

Examples of Institutional Broker in a sentence

  • The multiples and ratios for Carter’s and each of the selected companies were based on the most recent publicly available information and Institutional Broker Estimate Survey estimates.

  • No later than five business days prior to publication of the Purchase Offer, WFI and ▇▇▇▇▇ Fargo Institutional Broker- Dealers shall provide a copy of the form of the notice to the Attorney General for review and comment, but not for approval as to form.

  • G▇▇▇▇▇▇ S▇▇▇▇ calculated and compared these various financial multiples, ratios and percentages based on information it obtained from the most recent publicly available information and Institutional Broker Estimate Survey estimates, and using the closing prices of the shares of OshKosh, Carter’s and the selected companies as of May 9, 2005.

Related to Institutional Broker

  • Institutional Client means a major commercial bank, corporation, insurance company, or substantially similar institution, which, as a substantial part of its business operations, purchases or sells securities and makes use of custodial services.

  • Institutional Investor means (a) any Purchaser of a Note, (b) any holder of a Note holding (together with one or more of its affiliates) more than 5% of the aggregate principal amount of the Notes then outstanding, (c) any bank, trust company, savings and loan association or other financial institution, any pension plan, any investment company, any insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form, and (d) any Related Fund of any holder of any Note.

  • Institutional Accredited Investor means an institution that is an “accredited investor” as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act, who are not also QIBs.

  • Institutional Investors means any regulated investment company, segregated asset account, foreign investment company, common trust fund, group trust or other investment arrangement, whether organized within or without the United States of America.

  • Institutional pharmacy means the physical portion of an institutional facility that is engaged in the compounding, dispensing, and distribution of drugs, devices, and other materials, hereinafter referred to as ‘drugs’, used in the diagnosis and treatment of injury, illness, and disease and which is permitted by the State Board of Pharmacy.