bucketing

(redirected from bucket)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

Bucketing

The practice in which a brokerage that agrees to buy or sell securities on behalf of clients at a given price instead buys at a lower price or sells at a higher price in order to keep the difference as profit. Bucketing is illegal in the United States because it is a violation of the brokerage's fiduciary responsibility to act in the best interest of the client (in this case, to find the best available price). Brokerages that routinely engage in bucketing are known as bucket shops. The practice is occasionally called bucketeering. See also: Profiteering, Bucketeer.

bucketing

Taking the opposite side of a customer's order into the broker's account or an account over which the broker has an interest without first putting the order out for a competitive bid.
Mentioned in ?
References in periodicals archive ?
Overturned bucket keeps birds from stealing your ammo.
Last spring, when a late frost threatened, it took me only a few minutes to drop a couple of buckets over my fledgling tomato plants," she says.
Francis Hwang, co-founder and president of the startup Bucket, moved to Fayetteville in mid-August in preparation for the company's launch in spring 2018.
Tenders are invited for steam traps- specs: 1/2" 811 armstrong inverted bucket steam trap for 15 psig steam service; 1/2" 812 armstrong inverted bucket steam trap for 15 psig steam service; 3/4" 812 armstrong inverted bucket steam trap for 15 psig steam service; 3/4" 813 armstrong inverted bucket steam trap for 15 psig steam service; 1" 813 armstrong inverted bucket steam trap for 15 psig steam service; 1/2" 800 armstrong inverted bucket steam trap for 150 psig steam service; 1/2" 811 armstrong inverted bucket steam trap for 150 psig steam service; see attached file for more details.
The enhanced production buckets offer several new features, including an improved bucket profile, integrated narrow spill guards, bushed static bucket pin joints and optional wear plating.
With little hesitation he took a chance - and the bucket.
Roland Girard, Cochrane, Ontario, uses a steel pipe mounted on his loader bucket to make holes for fence posts, and then uses the bucket itself to push the posts in.
A bucket approach is essentially a reliable way to fund immediate cash-flow needs in retirement while also maintaining a diversified portfolio that can generate continuing returns.
Specifically designed to fit Volvo L110-L350 wheel loaders, the Volvo Sand bucket, Volvo Rehandling Flat Floor bucket and Volvo Rehandling bucket enable operators to reduce cycle times through more efficient material handling and increased material capacity.
A WINDOW cleaner who nipped to the pub for a drink on his round sparked a bomb scare after leaving his BUCKET unattended.
The latest bucket advancement from CQMS Razer, the Hurricane, features a wider mouth and lower side walls than other buckets.