Proprietary account: An account in which a participant holds only those securities it is holding on its own behalf (as opposed to those securities it is holding on behalf of its customers). See also omnibus customer account, segregation.
Participant
Customer
Proprietary account in our glossary: terms and definitions
Customer
Proprietary account in our glossary: terms and definitions
. Be sure to use our resources to the full! Just follow the link below:
Proprietary account at globalcustody.net