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Sweep Account

An account whereby a brokerage firm may automatically transfer- or sweep- a client's surplus funds (unused cash) into a specific...

    Take-Up Instruction

    A procedure in derivatives trading (part of allocation process) whereby a broker sends an instruction a custodian to take up...

      Take-Up

      A procedure in derivatives trading (part of allocation process) whereby a broker sends an instruction a custodian to take up...

        Give-Up Instruction

        A procedure in derivatives trading whereby a broker instructs the custodian to allocate a derivative trade to another account than...

          Give-Up

          A procedure in derivatives trading whereby a broker instructs the custodian to allocate a derivative trade to another account than...