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Investing Glossary: Back office

Copyright 2009, Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.

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Term:
Back office
Definition:
Brokerage House clerical operations that support, but do not include, the Trading of stocks and other securities. All written Confirmation and Settlement of trades, record keeping, and regulatory compliance happen in the back office.



 

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1/5/2009 - SV1