sell-side investment & finance definition
The
sector of the finance industry that comprises broker/dealers, such as Merrill
Lynch & Co. and Citigroup/Salomon Smith Barney, that typically sell
products such as stocks, bonds, and mutual funds to investors. The sell-side
contrasts with the buy-side, on
which mutual funds and pension funds buy securities in order to create
substantial returns for their clients.
See sell-side in Wall Street Words
The portion of the securities business in which orders are transacted. The sell side includes retail brokers, institutional brokers and traders, and research departments. If an institutional portfolio manager changes jobs and becomes a registered representative, he or she has moved from the buy side to the sell side. Compare
buy side.