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Investments glossary

Give Up


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Quotes of the day:

Everyone can get the gold of the Sun. (Tout le monde cueille l\'or du soleil)

— Charles de LEUSSE

Give up is a procedure in securities or commodities trading where an executing broker places a trade on behalf of another broker. It is called a give up because the broker executing the trade gives up credit for the transaction on the record books. A give up usually occurs because a broker cannot place a trade for a client based on other workplace obligations. A give up may also happen because the original broker is working on behalf of an interdealer broker or prime broker.

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