Live post game updates from ALCS Game 5 in Toronto between the Kansas City Royals and Blue Jays. The Royals will return to Kauffman Stadium after midnight Thursday and fans will be there waiting for them. Video. With the Royals on the verge of securing a return trip to the World Series on Wednesday, employees at stores selling postseason gear were ready to get new merchandise on the shelves.
Brokerage Account. What is a 'Brokerage Account'. A brokerage account is an arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage.
Discretionary account. A discretionary account is a type of brokerage account in which clients authorize their brokers to buy and sell securities on their behalf without prior consent for each transaction. A client may set guidelines for the account, such as the types of securities the broker may purchase. brokerage account in which a broker is able to make decisions without the need to consult others. For example, a discretionary account gives a broker the right to make significant investment decisions without permission from or even consultation with the account's owner.