give+up
131Give Up — A procedure in securities or commodities trading where the executing broker places a trade on behalf of another broker as if he/she actually executed the trade. This is usually done because a broker is too busy to place a… …
132give-up — A transaction in which one clearing firm places and order for execution on behalf of a different clearing firm which ultimately will carry the trade. Chicago Board of Trade glossary A customer give up is a trade executed by one broker for the… …
