indirect bucketing

Definition of "indirect bucketing"
  1. A deceptive practice where a floor broker appears to trade on behalf of a customer but is actually trading for personal gain, often using another trader to obscure the reality
How to use "indirect bucketing" in a sentence
  1. The authorities are investigating a potential indirect bucketing case in the stock exchange.
  2. The trader denied allegations of indirect bucketing when questioned by the regulatory authorities.
  3. To eliminate indirect bucketing, the exchange has imposed stricter regulations for floor brokers.

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