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trading on the perimeter

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Financial Dictionary

trading on the perimeter

The trading of a security in the crowd around a specialist's post. When trading in a security becomes particularly active and floor brokers are unable to gain access to the specialist, trading on the perimeter may occur.

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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