A trade made in an inactive stock or bond. A cabinet trade also may be an off-market transaction that is completed in order to close out a nearly worthless option contract because it is out of the money.
cabinet trade - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"cabinet trade." YourDictionary, n.d. Web. 11 October 2018. <http://www.yourdictionary.com/cabinet-trade>.
APA Style
cabinet trade. (n.d.). Retrieved October 11th, 2018, from http://www.yourdictionary.com/cabinet-trade
