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interpositioning

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Interpositioning
The practice of using a second broker in a securities transaction, which is considered illegal it is if used to generate additional commission.

interpositioning
The involvement of a third party between a broker-dealer and the best available market price that results in the customer paying a bigger markup or markdown than would have been the case if the third party had not been present. For example, Dealer A satisfies a customer order to buy a security by purchasing the security through Dealer B who in turn purchases the security from the market maker. Dealer B marks up the security to Dealer A, who then marks up the security again when selling it to the customer. Interpositioning is considered unethical by the National Association of Securities Dealers.


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Multifocality and multicentricity were diagnosed on pathological criteria when interpositioning tissue was free of in situ or infiltrating neoplasia.
These were mandated to perform limited functions, mostly following inter-state wars, such as the monitoring of ceasefires; interpositioning between the parties to conflicts; assisting in troop-withdrawals; and maintaining buffer zones (see, for example, Security Council Resolution 143 (1960) on the UN Operation in the Congo--UNOC).
 
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