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See Don't know. Don't Know Describing a trade that cannot be settled by a clearing house because the counterparties have contradictory or otherwise inconsistent information on the trade. The clearing house may become aware of the discrepancy by reviewing the comps the brokers gave one another, or by some other method. In this trade, it is said that one or both of the counterparties "does not know the trade." How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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