What is the meaning of Tailgating?

Purchase of a security by a broker after the broker places an order for the same security for a customer. The broker hopes to profit either because of information which the customer has or because the customer's purchase is of sufficient size to affect security prices. This is an unethical practice.

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APABarry Goldsmith. (2010). tailgating. Retrieved September 25, 2026, from http://smartdefine.org/tailgating/definitions/1164771
ChicagoBarry Goldsmith. 2010. "tailgating" http://smartdefine.org/tailgating/definitions/1164771 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, tailgating, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/tailgating/definitions/1164771>.
MLABarry Goldsmith. "tailgating" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/tailgating/definitions/1164771>