the.com/brokerage
A toll booth for other people's money, charging you to access your own ambition.
means A business or fee that connects buyers and sellers, taking a cut for arranging the deal.
from Traces back to 'broker,' from Anglo-French 'brocour' (a wine retailer or middleman), likely tied to Old French 'broche' meaning to broach or tap a cask — the broker was the one who tapped the barrel to sell its contents. Over centuries the role widened from wine-tapping to deal-making of all kinds, and 'brokerage' arrived as the word for the trade itself, or the fee charged for doing it.
- origin
- from broachier, medieval wine-tappers who took a cut
- business model
- profits whether you win or lose trades
- commission free era
- they now sell your order flow instead
- regulation
- must register, yet still call losses risk tolerance