bucketing

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Bucketing

The practice in which a brokerage that agrees to buy or sell securities on behalf of clients at a given price instead buys at a lower price or sells at a higher price in order to keep the difference as profit. Bucketing is illegal in the United States because it is a violation of the brokerage's fiduciary responsibility to act in the best interest of the client (in this case, to find the best available price). Brokerages that routinely engage in bucketing are known as bucket shops. The practice is occasionally called bucketeering. See also: Profiteering, Bucketeer.

bucketing

Taking the opposite side of a customer's order into the broker's account or an account over which the broker has an interest without first putting the order out for a competitive bid.
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Seeing that she had really melted away to nothing, Dorothy drew another bucket of water and threw it over the mess.
Bucket to the place in question," pursues the lawyer, "I shall feel obliged to you if you will do so.
To those of the white race who look to the incoming of those of foreign birth and strange tongue and habits of the prosperity of the South, were I permitted I would repeat what I say to my own race: "Cast down your bucket where you are.
It was impossible to bale it, but he was calmer now and managed to catch them in his tin bucket.
Deep ruts and "cradle-holes" were worn in the ice, as on terra firma, by the passage of the sleds over the same track, and the horses invariably ate their oats out of cakes of ice hollowed out like buckets.
A sailor, from time to time and quite methodically, as a matter of routine, dropped a canvas bucket into the ocean at the end of a rope, hauled it in hand under hand, and sluiced its contents over the prostrate man.
Then the bucket was hooked on; and the sobered man and another got in with lights, giving the word
Forty year ago, you had only to let down the bucket till the first knot in the rope was free of the windlass, and you heard it splashing in the cold dull water.
These buckets were about the size of large thimbles, and the poor people supplied me with them as fast as they could: but the flame was so violent that they did little good.
I'll just ask this guileless peasant, with his brace of buckets that contain (apparently) water, if he'll be so kind as to direct us.
Last night, old Sanna carried so many buckets of water into the house that I asked her why she was doing that, and she said that if I would promise not to tell anyone, and she said that early tomorrow morning when father was out hunting, she would set the kettle full of water, throw you into it and boil you; but we will get up quickly, dress ourselves, and go away together.
A huge Irishman at their head, they were passing buckets towards the after-hold; the press of people hid the hatchway from us until we gained the poop; but we heard the buckets spitting and a hose-pipe hissing into the flames below; and we saw the column of white vapor rising steadily from their midst.