Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,967,520 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Give-Up

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Give Up
For a broker to execute an order on behalf of another broker. Giving up occurs as a professional courtesy when a broker receives an order from a client that he/she is too busy to execute. It is important to note that the broker who receives the order, rather than the broker who conducts the transaction, is the one who earns the applicable commissions and fees. The term originates from the fact that the broker who executes the transaction must "give up" the commission to other broker.

give-up
1. A prohibited practice in which a large investor would direct that a portion of the commission charged in a security trade be handed over to another broker. Give-ups were popular when commission rates were fixed and when large trades produced artificially high commissions that were transferrable to firms that provided the investor with valuable services such as research information.
2. The reduction in yield when a bond position is swapped for bonds with a lower coupon.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
The statements of US leadership have also tried to eulogize leadership of the Army and tried to just give-ups military leadership against civil government, he said.
What will it cost you in terms of interest expense, equity give-ups, covenants, restrictions, etc.
This process includes MBS TBA trade entry, FICC submission and exception management, TBA balancing and netting, pool allocations and substitutions, full EPN processing, inventory management, TBA pair offs, trade assignments, and broker give-ups.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.