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 ?
Dividends of preferred shares are taxed at a lower 10 percent compared to the 20 percent for bonds.
For more information about Ginger's Jewelry, and the Preferred Lifetime Nationwide Warranty Program, please call (916) 984-1800 or visit Ginger's Jewelry website at: www.GingersJewelry.com
Student Preferred Learning Environments compared to their Actual Perceptions
Current law allows accumulations of up to $250,000 ($150,000 for most professional corporations) even if the corporation is used to avoid personal income tax by allowing preferred dividends to accumulate at favorable corporate rates.
"Preferred Freezer was able to execute a strategic recapitalization via the saleleaseback vehicle and take advantage of the unprecedented capital market conditions, while GMAC will be able to create additional value by marketing the properties individually."
There are several crucial steps medical organizations must take to secure preferred referral status, loyalty among referral sources and lucrative rewards:
During a Department of Finance--Tax Executives Institute (TEI) Liaison Meeting, the merits of eliminating the Term Preferred Share (TPS) and related rules (such as the guaranteed preference and collateral preference rules) from the Income Tax Act (the "Act") were discussed.
In the French election, most of the voters who selected one of the weaker candidates probably preferred Chirac or the then-prime minister, Socialist Lionel Jospin, to le Pen.
Equity REIT shares have outperformed the broader market this year, and REITs continue to attract investors through a variety of avenues, including the lesser known option of perpetual preferred shares.
That's because preferred stock could well be the fixed-income answer you've been looking for.
retaining preferred stock and giving common stock to Smith Jr.