A large-denomination CD sold by a bank to a brokerage, which then divides it into smaller pieces for sale to its customers.
Related information about Brokered CD:
- Brokered CDs - Basics of Brokered CDs - How to Buy - What to Watch
Brokered CDs are simply CDs offered by a financial intermediary. It's important that you understand how to buy brokered CDs, how you're paying for them, and ...
- CDs - Certificates of Deposit - Fidelity
A brokered CD is similar to a bank CD in many ways. Both pay ... Unlike a bank CD, a brokered CD can be traded on the secondary market,1 meaning it doesn't ...
- Brokered CDs an easy route to higher CD rates
Dec 17, 2009 ... Current brokered CD rates won't make you smile, but you might want to keep tabs on them. Brokered CDs offer an easy route to buying CDs ...
- Brokered Certificate Of Deposit Definition | Investopedia
A certificate of deposit (CD) that is purchased through a brokerage firm, or from a sales representative other than a bank. The bank is still the initiator of the CD, ...
- Brokered CDs
Unlike a Certificate of Deposit that is bought directly from a bank, a brokered CD is sold by stock brokers (and others). And unlike a bank-bought CD, a brokered ...
- Raymond James Financial | Services and Products | Taxable Bonds ...
Brokered CD variations: Callable brokered CDs ... There are several yield calculations to consider when evaluating a brokered CD. These yields are based on ...
- Brokered CD - Financial Dictionary - The Free Dictionary
A certificate of deposit issued by a bank or thrift institution bought by a brokerage firm in bulk for the purpose of reselling to brokerage customers. A broker CD ...
- What is Brokered CD? definition and meaning
Definition of Brokered CD: A large-denomination CD sold by a bank to a brokerage, which then divides it into smaller pieces for sale to its customers.