FT MarketWatch

Free riding

Definition 1 The withholding of part of a new securities issue by a Syndicate member, with the intention of selling it later at a higher price. Illegal. Definition 2 The rapid buying and selling of a security by a Broker or customers without putting up personal funds for the Purchase. Illegal.

Related Terms: 16 Buy, Broker, Customer, ECU, Fund, FIN, High, Legal, Leg, Purchase, Put, SEC, Sell, Syndicate, Syndicate member, Sue
Other Related Pages: Category: Trading Starting With: F
Additional Related Terms: 10-K, 52-week high, 12b-1 funds, Accredited Personal Financial Planning Specialist, Allowance for depreciation, Automatic Funds Transfer, Above par, Accrual of discount, Agency security, Amortization of premium