Saturday, March 05, 2011 10:00:27 AM
trade-for-trade settlement
A securities transaction that is directly settled by the buying and selling firms.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.
http://financial-dictionary.thefreedictionary.com/Trade-for-Trade+Settlement
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