give up trade

give up trade
A trade executed by one firm but subsequently given up to and cleared on the books of another firm.Example: An order executed by clearing firm A and given to clearing firm B where it will be cleared and processed. Give-up order indicator of " GU" is populated in F-Ex field. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

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  • trade-name — /trayd naym /, v.t., trade named, trade naming. to designate with or register under a trade name. [1860 65] * * * trade name, 1. a name used by a manufacturer or merchant for some article that he sells. 2. a special name used for anything by… …   Useful english dictionary

  • trade secret — noun a secret (method or device or formula) that gives a manufacturer an advantage over the competition • Hypernyms: ↑secret * * * noun, pl ⋯ crets [count] : something (such as a special way of doing or making something) that is known only by the …   Useful english dictionary

  • trade — 1 n 1 a: the business or work in which one engages regularly b: an occupation requiring manual or mechanical skill c: the persons engaged in an occupation 2: the business of buying and selling or bartering commodities 3: an act or instance of… …   Law dictionary

  • trade-in — ˈtrade in noun [countable, uncountable] COMMERCE a way of buying a new car, computer etc in which you give the seller your old car etc as part of the payment; = part Bre: • A dealer may accept old equipment as a trade in on a new computer. • They …   Financial and business terms

  • Trade dress — refers to characteristics of the visual appearance of a product or its packaging (or even the facade of a building such as a restaurant) that may be registered and protected from being used by competitors in the manner of a trademark. Vague|What… …   Wikipedia

  • Trade unions in South Africa — have a history dating back to the 1880s. From the beginning unions could be viewed as a reflection of the racial disunity of the country, with the earliest unions being predominantly for white workers. cite book year = 2005 title = Trade Unions… …   Wikipedia

  • trade-in — n AmE a used car, piece of equipment etc that you give to a seller of a new one that you are buying as part of the payment British Equivalent: part exchange ▪ Are you going to give your Ford as a trade in? trade in price/value ▪ The trade in… …   Dictionary of contemporary English

  • trade secret — trade se·cret n: a formula, process, device, or item of information used by a business that has economic value because it is not generally known or easily discovered by observation or examination and for which reasonable efforts to maintain… …   Law dictionary

  • Trade show displays — are the physical screens banners and other paraphernalia used to fill a temporary exhibit space at a trade fair. They vary greatly in size, cost, and complexity, but all are designed to visually represent a specific interest. Companies typically… …   Wikipedia

  • trade name — n: a name or mark that is used by a person (as an individual proprietor or a corporation) to identify that person s business or vocation and that may also be used as a trademark or service mark ◇ Like a trademark or service mark, a trade name is… …   Law dictionary

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