principal trade


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principal trade

A securities transaction in which the executing brokers are trading from inventory and are thus acting as dealers.
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References in classic literature ?
Our principal trade was watching shopkeepers' counters, and slipping off any kind of goods we could see carelessly laid anywhere, and we made several good bargains, as we called them, at this work.
France, Italy, the Netherlands, and England are the principal trade partners of Germany, the number one European exporter.
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry.

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