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private-wire house

(North America, finance, obsolete) A brokerage company with a telegraph line, telephone line, or electronic communication network.

ˈpɹaɪvəˌtwaɪɹ ˈhaʊsDocumented since 1890sSilenthistorical172 viewsLast reviewed Jun 29, 2026+ Add a definition
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Born ~1894 · no dated citations yet
1894BornToday, 2026

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#1·Apr 27, 2026US

(North America, finance, obsolete) A brokerage company with a telegraph line, telephone line, or electronic communication network.

Origin: 1894, due to these brokerage companies owning or leasing telegraph lines (which occurred since 1873), so that market information could be transmitted more quickly. Origin information sourced from Wiktionary contributors (CC BY-SA 4.0).
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