Give the nod
Give approval to a plan; perceive as having an advantage. |
Similar financial terms
Give upUsed for listed equity securities. a) Term used in a securities transaction involving three brokers, as illustrated by the following scenario: Broker A, a floor broker, executes a buy order for broker B. (Another member firm broker who has too much business at the time to execute the order.) The broker with whom broker A completes the transaction (the sell side broker) is broker C. Broker A "gives up" the name of broker B, so that the record shows a transaction between broker B and broker C even ...
Give Up
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 wire toll from the carrying broker for the use of the facilities. Often used to consolidate many small orders or to disperse large ones.
