Market Participants
High-Net-Worth Individual
Definition
What is High-Net-Worth Individual?
A person with substantial investable assets, based on a provider's or regulator's threshold.
Example in practice
How This Looks in Practice
A private bank offers specialised portfolio management to a high-net-worth client.
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Related Terms
Market Participants
Broker
A person or firm that executes securities transactions for clients.
Market ParticipantsDealer
A person or firm that buys and sells securities for its own account.
Market ParticipantsBroker-Dealer
A firm that acts as an agent for clients and as a principal in its own trades.
Trading & Market StructureBid
The highest price a buyer is currently willing to pay for a security.