| 释义 |
proceeds sale Proceeds saleOTC securities sale whose revenue is used to buy another security.Proceeds SaleThe sale of a security where the revenue from the sale is used immediately to buy another security. FINRA considers both the sale and the purchase to be a single transaction and one may not charge more than a 5% markup in a proceeds sale.proceeds sale A transaction in which funds received from selling a security are immediately reinvested in another security. The National Association of Securities Dealers regards a proceeds sale as a single transaction; therefore, the member's commission or markup cannot exceed 5% of the principal of the trade. |