Super Finance Glossary
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Searched for Transfer Trades
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Transfer Trades
Definition:
Definition:
Entries made upon the books of Futures Commission Merchants for the purpose of:
(1) transferring existing trades from one account to another within the same firm where no change in ownership is involved;
(2) transferring existing trades from the books of one FCM to the books of another FCM where no change in ownership is involved. Also called Ex-Pit Transactions.
