Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,783,835,472 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Upstairs Market

    0.01 sec.
Upstairs market
A network of trading desks for the major brokerage firms and institutional investors, which communicate with each other by means of electronic display systems and telephones to facilitate block trades and program trades.
upstairs market
The trading of securities within a broker-dealer firm rather than taking a trade to an exchange floor or trading with another broker-dealer in the over-the-counter market. In the upstairs market, the broker-dealer acts as a dealer or as an agent for both parties.
Upstairs Market
The trading of listed securities that occurs off the floor of the exchange. That is, the upstairs market is essentially over-the-counter trading for a listed security. Much of the time, upstairs trades occur within a broker-dealer firm with the broker-dealer acting as the agent for both counterparties. Some exchanges prohibit these trades.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
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. Terms of Use.