Trading paper

Trading paper

CDs purchased by accounts that are likely to resell them. The term is commonly used in the Euromarket.

Trading Paper

The act or practice of buying or selling a certificate of deposit. Trading paper especially refers to situations in which the buyer is likely to re-sell the CD. The term is most common on the Euromarket.
References in periodicals archive ?
The Baghdad-based Federation consists of a group of public, private and mixed institutions, committees, federations, companies and offices incorporated in the Arab countries and operating in the field of manufacturing and trading paper, printing, wrapping and packaging industries
Chairman of Arab paper industries federation meets industrial sector
Although this opportunity could be exploited through the more hypothetical undertaking of trading paper UPDA has determined to focus on the actual undertaking of commodity trading.
UPDA Board of Directors Annual Update to its Shareholders - Profitability in First Quarter Projected
The members of Detroit's Old Newsboys Goodfellow Fund - business and professional people who once sold papers - have been trading papers for donations for 86 years.
Former newsboys give holiday 'extra'
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