In competition


Also found in: Legal.

In competition

Indication that the customer has revealed trading interest to multiple brokers and that the trade will take place with the firm having the highest bid or lowest offer. Antithesis of exclusive.

In Competition

Describing a situation where an investor has indicated interest to many different brokers in buying or selling a security. An investor in competition will do business through the broker able to find the best price for the desired trade.
References in periodicals archive ?
Libraries are about community, learning, recreation, literacy, and social advancement, and we should work with (not in competition with) anybody or any agency that enables us to advance those goals.