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exchange acquisition

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Financial Dictionary

exchange acquisition

The filling of a large buy order on the floor of an exchange in which a member solicits numerous sellers whose orders are then lumped together. This group of transactions is reported as a single transaction. Compare exchange distribution. See also special bid.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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