TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

THIRD-MARKET BROKERS [1 record]

Filter results by subject field Alphabetical list of terms

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Alphabetical list of terms

Record 1 2002-03-01

English

Subject field(s)
  • Economics
OBS

Outside brokers who are unregistered with the major stock exchanges. They "sweep the Street" quickly and quietly for any available blocks of stock in the target company, usually after hours or when normal trading in a stock has been suspended under exchanges rules. Then they turn the shares over to the raider.

OBS

Source: Time, December 1, 1986.

French

Domaine(s)
  • Économique

Spanish

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