Give Up

What is Give Up?

Give Up meaning A contract executed by one broker for the client of another broker that the client orders to be turned over to the second broker. The broker accepting the order from the customer collects a fee from the carrying broker for the use of the facilities. Often used to consolidate many small orders or to disperse large ones.

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary

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