exchange distribution

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exchange distribution

business

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security
Trading procedures
In an exchange distribution a member firm accumulates the necessary buy orders and then crosses them on the floor. This is distinguished from an ordinary “cross” because the selling broker may provide extra compensation to his own registered representatives and to other participating firms. A special offering…
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In an exchange distribution a member firm accumulates the necessary buy orders and then crosses them on the floor. This is distinguished from an ordinary “cross” because the selling broker may provide extra compensation to his own registered representatives and to other participating firms. A special offering…
Read More