| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
Bucketing
Definition 1.
A situation where, in an attempt to make a short-term profit, a broker confirms an order to a client without actually executing it. A brokerage which engages in unscrupulous activities, such as bucketing, is often referred to as a bucket shop.
|
Definition 2.
The illegal practice by a broker of executing a customer's order for his/her own account instead of on the market, with the hope of profiting from an offsetting transaction at a future time.
|
|
|