free riding
Definition 1
The withholding of part of a new securities issue by a syndicate member, with the intention of selling it later at a higher price. Illegal.
Definition 2
The rapid buying and selling of a security by a broker or customers without putting up personal funds for the purchase. Illegal.
The withholding of part of a new securities issue by a syndicate member, with the intention of selling it later at a higher price. Illegal.
Definition 2
The rapid buying and selling of a security by a broker or customers without putting up personal funds for the purchase. Illegal.
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