Meaning BUCKET SHOP: An illegal brokerage firm that accepts customer orders but does not attain immediate executions. A bucket shop broker promises the customer a certain price, but waits until a price discrepancy is present and the trade is advantageous to the firm and then keeps the difference as profit. Alternatively, the broker may never fill the customer's order but keep the money
More terms such as Bucket shop in Dictionary B.
- Definition Break-Even Payment Rate:
- Examples of an MBS coupon that will produce the same cash flow yield (CFY) as that of a predetermined benchmark MBS coupon. Used to identify for coupons higher than the benchmark coupon the prepayment rate bucket shop definition.
- Definition Benchmark Issue:
- Examples Also called on-the-run or current-coupon issue or bellwether issues. In the secondary market, the benchmark issue is the most recently auctioned Treasury issues for each maturity bucket shop explain.
- Definition Bogey:
- Examples The return an investment manager is compared to for performance evaluation bucket shop what is.
- Definition Bond Buyer:
- Examples A daily publication featuring many essential statistics and index figures relevant to the fixed income markets bucket shop meaning.
- Definition Basis Price:
- Examples Price expressed in terms of yield to maturity or annual rate of return bucket shop abbreviation.
