The AI-powered English dictionary
plural wirehouses
(Canada, US, finance) A major brokerage company, generally nationwide, with multiple branches. quotations examples
Ten years ago, the Wall Street wirehouse brokerage firm seemed unassailable – part of the very firmament underpinning the entire investment industry from coast to coast.
2012, Josh Brown, “Perhaps I’ve Been a Bit Too Harsh…”, Wall Street Journal Financial Adviser, January 25, 2012
(Canada, US, finance, obsolete) A brokerage company with a telegraph line, telephone line, or electronic communication network. quotations
The so-called ‘wire house’ …is a product of the boom times.
1904, N.Y. Evening Post 18 June, 1904 (Financial Section) 1/7
The “market information” is more diversified than formerly, and in many ways the “wire house” can fill a place that the old-style …
1905, The World’s work, volume 9, Doubleday, Page & Co.