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Cede & Co

The financial definition for Cede & Co:

Nominee name for The Depository Trust Company, a large clearing house that holds shares in its name for banks, brokers and institutions in order to expedite the sale and transfer of stock.




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CEDEL

CEDEL
A centralized clearing system for Eurobonds.


Precedence

Precedence
The established system of priorities of trades in an exchange. For example, the highest bid and lowest offer have highest precedence; the first bid or first offer at a price has highest priority, and large orders have priority over smaller orders.




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