Preference


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Preference

Refers to over-the-counter trading. Selection of a dealer to handle a trade despite the dealer's market not being the best available. Often the "preferenced dealer" will then move his market in line.

Preference

The practice of executing trades and other transactions by means other than the open market. For example, if one needs roofing repairs on one's house, one may select one's brother's roofing business even if it is more expensive. In securities, preference often occurs in over-the-counter trades, especially within a brokerage. Preference can, but does not always, lead to economic inefficiency.

preference

The practice of matching customers' buy and sell orders away from the primary exchange. Preferencing is opposed by the New York Stock Exchange because it claims the practice unfairly benefits brokerage firms and doesn't give customer orders the chance to see other customer orders in a public market. Compare in-house trade.
References in periodicals archive ?
Synopsis: If Americans could have only one child, 36% would prefer a boy and 28% a girl, while the rest have no preference -- a trend evident for over seven decades.
"These results suggest that circadian preference and meal timing are novel and possibly modifiable risk factors for obesity in type 2 diabetes," the authors write.
Just 24 per cent of those who put it as a first preference secured a place in 2017.
There were 1.3 first preferences, a total of 188, for each of its 145 places offered.
Just 24% of those who put it as a first preference secured a place in 2017, It had 4.2 first preferences, 100 in total, for each of the 24 places offered, and 11.2 preferences per places in total.
The Preference Shares have been cancelled and the Bank has requested a delisting of the Preference Shares from the Bermuda Stock Exchange and the Euro MTF market of the Luxembourg Stock Exchange, which it expects to be formalised imminently.
The total number of the Offshore Preference Shares to be issued is 44,400,000.
The new value defense, contained in Section 547(c)(4), reduces a creditors preference exposure to the extent the creditor had replenished the debtor, by providing new goods or services, after receiving the preference.
In other words, to be truly effective, preference management solutions need to be an integral component of many different systems and processes.
Consider the dilemma: On the one hand, society's preferences cannot be totally independent of the preferences of the individuals who compose it.
Preference shares are securities issued by a company that do not carry voting rights like ordinary shares.
The use of SWB surveys to calculate willingness-to-pay/accept (WTP/WTA) amounts requires only that the surveys evidence individuals' ordinal preference utility.