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House Stock

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house stock

A stock that a brokerage firm buys and sells as a market maker or has in its inventory.

House Stock

A stock that a brokerage keeps in its inventory. A brokerage may keep house stocks for clients or may trade them it its capacity as a market maker.

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Terms call for Magic to receive 1 million shares of Electronic Clearing House stock.

IN BRIEF by Daily News (Los Angeles, CA)

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