cuffing trades

cuffing trades definition - finance
Delaying the filling of customer orders to benefit another trader. Cuffing is an illegal trading practice and falls in the category of an accommodation trade, a transaction in which a floor broker lets another trader profit from a customer order that is held by the floor broker through any arrangement other than open-outcry trading.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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