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
Summary: It doesn't look like an old-fashioned bank run because it involves the biggest financial institutions trading paper assets so complicated that even top executives don't fully understand the transactions.
* In the market for 200,000 s/f, sports network ESPN is "trading paper" with the Durst Organization to take space at One Bryant Park a source revealed.