I'm curious about the operational mechanism of GDC. Could you explain how it functions and what are the key components involved in its working process?
6 answers
Carolina
Tue Nov 12 2024
Alternatively, it could be an insurance product, encompassing life insurance or long-term care insurance.
KatanaSharpness
Tue Nov 12 2024
Gross Dealer Concession, abbreviated as GDC, represents the earnings a brokerage firm receives.
IncheonBlues
Tue Nov 12 2024
This revenue is generated when securities and insurance salespeople, who are commissioned by the firm, successfully sell a product.
Andrea
Tue Nov 12 2024
The product in question can be an investment vehicle such as stocks, bonds, or mutual funds.
CryptoVisionary
Mon Nov 11 2024
The GDC serves as a commission or incentive for the brokerage firm.