Operations (Noun)
Meaning
Financial transactions at a brokerage; having to do with the execution of trades and keeping customer records.
Classification
Nouns denoting acts or actions.
Usages
Examples
- The brokerage's operations department processed thousands of transactions daily, ensuring accurate and timely trade executions.
- Effective operations management was crucial in maintaining the firm's competitive edge in the financial services industry.
- Security and compliance regulations were the primary focus of the brokerage's back-office operations.
- The company invested heavily in upgrading its operations systems to enhance customer experience and streamline trade processing.
- Regulatory agencies closely monitored the operations of brokerages to prevent any potential malpractice or mismanagement.