ginzy trading


Illegal practice occasionally engaged in by floor brokers. It is a trading practice where large trades are split up into smaller orders and are executed at a variety of different prices. Brokers do this in order to try to avoid rules which prohibit trading a single order at various increments. However, this resulting practice is still illegal because it breaks rules which prohibit the broker from quoting different prices on the same order.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Ginnie Mae trust GIP