Action taken by a broker to make similar transactions to other brokers, under the assumption that the outcome will be positive for all investors involved. The issue with this type of action is that the broker piggybacking is unsure how the investment will perform because he/she does know the other broker's rationale behind the decision to purchase or sell the stock.
Related information about piggybacking:
- Piggybacking - Wikipedia, the free encyclopedia
Piggybacking literally refers to carrying someone on one's back or shoulders. It may also refer to: Piggyback (transportation), something that is riding on the back ...
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Piggybacking on Internet access is the practice of establishing a wireless Internet connection by using another subscriber's wireless Internet access service ...
- Piggybacking (security) - Wikipedia, the free encyclopedia
In security, piggybacking refers to when a person tags along with another person who is authorized to gain entry into a restricted area, or pass a certain ...
- piggybacking - The Free Dictionary
On the shoulders or back: ride piggyback; a piggyback ride. 2. By or relating to a method of transportation in which truck trailers are carried on trains, or cars on ...
- Piggybacking - Financial Dictionary - The Free Dictionary
A broker who trading stocks, bonds or commodities in a personal account following a trade just made for a customer. The broker assumes that the customer is ...
- What is piggybacking? - Definition from WhatIs.com
Piggybacking, in a wireless communications context, is the unauthorized use of a wireless LAN. The purpose is network access, rather than any malicious intent, ...
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Jun 14, 2007 ... Piggybacking is yet another way to game the mortgage lending system but it may be coming to an end in September as FICO adopts new ...