Definition of "bucketing"
  1. A broker's act of taking the opposite side of a customer's order in their own account or an account in which they have an interest, without the order being competitively executed on an exchange
How to use "bucketing" in a sentence
  1. Investigation revealed the broker was bucketing, taking the opposite position of his client's trades.
  2. Bucketing, a prohibited practice, was discovered during the audit of the brokerage firm.
  3. Accused of bucketing, the broker faced disciplinary action by the regulatory authority.

Provide Feedback
Browse Our Legal Dictionary
# 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