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Chinese wall
(redirected from Chinese walls)

    Also found in: Dictionary/thesaurus, Legal, Wikipedia, Hutchinson 0.06 sec.
Chinese wall
Communication barrier between financiers at a firm (investment bankers) and traders. This barrier is erected to prevent the sharing of inside information that bankers are likely to have.
Chinese wall
An imaginary separation placed between a brokerage firm's investment banking business and its trading and retail business. A Chinese wall prevents investment bankers who frequently are privy to information that could substantially influence the price of a client's securities from leaking that information to the firm's traders and sales personnel. The exchange of such information is legally prohibited.


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