Tailgating

Unethical practice by a Broker of placing an Order for the same security that a Customer of his/hers just placed, hoping to Profit from whatever information the Customer might be Trading on.

Related Terms: 8 Broker, Customer, ECU, Net, Order, Profit, SEC, Trading

Other Related Pages: Category: Brokerages Starting With: T

Additional Related Terms: 10-K, Allowance for depreciation, Accrual of discount, Agency security, Amortization of premium, Asset-backed security, At par, All or any part, Alternative order, At best