A dealer on an exchange who conducts transactions for clients, but is focused more on acquiring and financing own speculative positions. – The term is a combination of “speculative” and “retail”: that is, the dealer is involved in retail transactions for clients, yet is most interested in own speculative transactions). – See stockbroker, individual, exchange trader, stockbroker, local,, nostro flag, speculator.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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