in-house trade

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In-House Trade

A trade that occurs within a brokerage. In an in-house trade, a broker who receives an order from a customer to buy a security does not find an outside seller, but rather fills the order from within the brokerage's own inventory of the security. This may or may not result in the best price for the client, but is almost always profitable for the brokerage.

in-house trade

Execution of a customer order within a brokerage firm rather than on an exchange. For example, a brokerage firm might match a customer order to buy at $10 1/2 with another customer order to sell the same stock at $10 5/8 . An in-house trade is likely to be profitable for the brokerage firm but does not necessarily result in customers obtaining the best price. Compare preference. See also Rule 19c-3.
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A team, including 12 tenants, awarded the majority of the work to Plus Dane's existing in-house trades team in Cheshire.
The sub-contractors had been working at Swan Hunter and Amec where staff are covered by a three-year maritime collective labour agreement guaranteeing equal pay for in-house trades.
The daily volume of business activity on the network averages about 25,000 in-house trades and 28,000 commissioned trades, which amount to approximately US$120 million (NT$4 billion).