give up
- An agreement made by one broker for a client of a second broker, for whom the order is to be conducted, with the initiating broker receiving a fee for the service from the second broker
- Due to the complexities of the share market, the investor decided to 'give up' the order to a trusted broker.
- She arranged to give up her order to another broker who was better equipped to handle it.
- Give up is a common practice when consolidating small orders or dispersing large ones.
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