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Investing Glossary:
Tailgating
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| Purchase of a security by a Broker after the broker places an Order for the same security for a customer. The broker hopes to Profit either because of information which the customer has or because the customer`s Purchase is of sufficient Size to affect security prices. This is an unethical practice.
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