Tailgating

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Tailgating

Purchase of a security by a broker after the broker places an order for the same security for a customer. The broker hopes to profit either because of information which the customer has or because the customer's purchase is of sufficient size to affect security prices. This is an unethical practice.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Tailgating

The act of entering a restricted area without authorization by following a person with authorization. For example, one may enter a door immediately behind a person who has the key. The term implies that the tailgater does not have the consent of the person who has access, but this is not always the case. Tailgating is a violation of security protocol and may be a form of trespassing.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

tailgating

The placement of an order by a registered representative for the registered representative's own account on the basis of an order that has been received from a client. Suppose a customer calls a registered representative with an order to sell 1,000 shares of stock. If the representative sells the stock for the customer and follows it by selling additional shares of the same stock for his or her own personal account, the representative is tailgating.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Tailgating.

When a broker places your order for a security, and then immediately places an order for his or her own account for the same security, the broker is tailgating.

Although this practice, which is also known as piggybacking, isn't illegal, it is considered unethical, because the assumption is that the broker is trying to profit from information the broker believes you have about the stock.

A broker will typically tailgate only when you buy stock in a sufficient quantity to potentially affect the price of the security.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
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Caption: Tailgates with durable components, such as steel alloy chains, last longer and perform better.
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Later in his interview, John mentioned that he even tailgates for baseball and basketball games with a different group of people, suggesting that the collective tailgating identity transcends a specific sport or social network.
So, for your next tailgate, keep my advice in mind, but also remember that the most important aspect of a tailgate is spending time with your friends.
that evening I had a fully functional one finger tailgate lift that even my eight-year-old could use.
Continuing its longstanding tradition of providing productivity-enhancing products to the aggregate and mining industry, Philippi-Hagenbuch designed the Autogate Tailgates as a solution for maximizing the truck's volumetric capacity while reducing spillage.
This tailgate was complete with team color centerpieces, high-top tables and comfy bar chairs to help partiers get ready for the game in style.
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Sabic's tailgate concept is optimised for an all-plastic solution from the earliest stage of the design process to deliver the desired stiffness and strength in addition to weight savings of up to 30 per cent or 12.5 kg compared to tailgates of a similar size using conventional materials.