# Discretionary account (controlled account)

- Canonical URL: https://www.gerhardmerk.de/discretionary-account-controlled-account
- Post ID: 591905
- Modified: 2023-07-25T21:01:02+00:00
- Language: en

## Definition

An account owner authorizes his stockbroker to make and execute buy and sell decisions without having to notify him in advance (an account for which trading is directed by someone other than the owner). Such proxy accounts are not uncommon in both financial and commodity markets. - See Managed Account, Prearranged Trading. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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