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Investing Glossary: In competition

Copyright 2012, Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.

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Term:
In competition
Definition:
Indication that the customer has revealed trading Interest to multiple brokers and that the Trade will take Place with the Firm having the highest Bid or lowest offer. Antithesis of exclusive.


 
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Pacific Stock Exchange
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Nasdaq in a month?

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02/09/2012 - SV1n