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Full Trading Authorization

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Full trading authorization
Indication that a broker with a discretionary account can operate free of all trading guidelines from the client.

full trading authorization
The allowance of full discretion to a broker or financial adviser trading in a particular account.

Full Trading Authorization
An authorization by a client for the broker to make any trades on a discretionary account without conferring with the client. In other words, full trading authorization means that the client makes no demands on the broker's actions and the broker is bound only by the prudent person rule.


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