A transaction in which a brokerage firm shares the commission with another firm. Step-out trading may occur if one broker provides assistance to another in executing a trade.
Related information about step-out trading:
- Step-Out Trading Definition | Investopedia
The execution of a large order by several brokerage firms that are each assigned portions of the trade by another brokerage firm. In step-out trading, each ...
- Step-Out Trading - Financial Dictionary - The Free Dictionary
The practice of one brokerage executing an order on behalf of a client but giving credit (and part of the commission) to another brokerage. This is often a gesture ...
- What is step-out trading? definition and meaning
Definition of step-out trading: A transaction in which a brokerage firm shares the ... Step-out trading may occur if one broker provides assistance to another in ...
- step-out trading - Invest Definition
step-out trading definition: A brokerage firm execution in which credit for the trade is given to another firm....
- Step-out Trading: Definition from Answers.com
Step-out Trading When a brokerage firm executes an order, but gives other firms credit and some of the commission for the trade.
- Watch Your Step! Managing the Increase in SMA - Omgeo
A back-of-the-envelope calculation on data found in the recent FRC report titled “ SMA Step-Out Trading Trends in 2010,” suggests that on average roughly 60% ...
- Best-Execution Requirements Increase SMA “Step-out” Trading ...
Mar 17, 2008 ... Best-Execution Requirements Increase SMA “Step-out” Trading Activity, According to New FRC SMA Trading Practices Survey. Boston, MA ...
- SMA Step-Out Trading Trends in 2010
Register now to receive the 3rd annual Citi/Omgeo/MMI sponsored FRC research report SMA Step-Out Trading Trends in 2010 detailing topics including: ...