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May Day
(redirected from Första maj)

    Also found in: Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
May Day
The date of May 1, 1975, after which brokers were allowed to charge any brokerage commission, rather than a mandatory rate.
May Day
A widely used reference to May 1, 1975, the date on which brokerage commissions on securities became negotiable. May Day ushered in discount brokerage firms that charge investors reduced fees.


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