Definitions of brokerage
(also: brokerage firm) a company that buys or sells goods or assets for other people or institutions
A Hong Kong brokerage is to buy back a number of investments it sold that may now be worthless.
the business of acting as a broker (=a company or person that buys and sells shares or assets for other people or who arranges an agreement, settlement or deal)
Institutions may be permitted to pay higher brokerage fees for brokerage and research services as described below.