Bucket shop is an illegal brokerage firm that accepts customer orders but does not attain immediate executions. A bucket shop broker promises the customer a certain price, but waits until a price discrepancy is present and the trade is advantageous to the firm and then keeps the difference as profit. Alternatively, the broker may never fill the customer's order but keep the money.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). bucket shop. Retrieved September 28, 2026, from http://smartdefine.org/bucket_shop/definitions/1149027 |
| Chicago | Barry Goldsmith. 2010. "bucket shop" http://smartdefine.org/bucket_shop/definitions/1149027 (accessed September 28, 2026). |
| Harvard | Barry Goldsmith 2010, bucket shop, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/bucket_shop/definitions/1149027>. |
| MLA | Barry Goldsmith. "bucket shop" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/bucket_shop/definitions/1149027> |