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Trading Authorization

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Trading authorization
A document (power of attorney) a customer gives to a broker in order that the broker may buy and sell securities on behalf of the customer.

Trading Authorization
A document giving another party the ability to make trades of securities and/or derivatives on one's behalf. Generally speaking, one gives trading authorization to a broker, but theoretically, one may give it to someone else. See also: Discretionary Account.

trading authorization
A written document that gives another party the power to enter orders for an investor's account. The other party may be an employee of the broker-dealer handling the account, a spouse, or someone else designated by the client in the trading authorization.


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mainly for the businesses of trading authorization and clearance.
The "distribution date" of the spin-off dividend or shares of OptiCon will be announced when our registration statement with SEC is active and when NASD provides the trading authorization and a trading symbol.
 
 
 
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