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Investing Glossary:
In-house
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| In the context of general equities, keeping an activity within the firm. For example, rather than Go to the marketplace and Sell a security for a client to anyone, an attempt is made to find a buyer to Complete the Transaction with the firm. Although a listed Trade must be taken to the Floor of the Stock exchange, matching supply with Demand within the confines of the Firm results in higher commissions for the firm.
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