Business, Legal & Accounting Glossary
A trade where the parties on opposite sides of the transaction have not submitted the same data and which cannot go through the clearing house of the exchange. When clearing houses encounter an out trade, they first give the parties involved a chance to reach an agreement on their own, and if this is not possible to do, the dispute settlement procedure of the exchange is implemented.
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This glossary post was last updated: 16th November, 2021 | 0 Views.