Series 52: Trade Shredding

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Trade Shredding...

splitting orders or executions into multiple smaller orders or executions for the purpose of earning additional commissions.

Since you're reading about Series 52: Trade Shredding, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 52
Please Enable Javascript
to view this content!