For the account. When securities are bought or sold for the account the transaction is a
marginal one (on margin) for the account and risk of the buyer or the seller, as the case may be.
In a marginal transaction the presumption is that in case of a purchase the securities are to be
sold at a subsequent time, while in the case of a sale the presumption is that the securities are to
be bought back later. On the London Stock Exchange "for the account" means that the securities
are to be delivered and received and paid for in the next fortnightly settlement. For additional
information see Account, The.
marginal one (on margin) for the account and risk of the buyer or the seller, as the case may be.
In a marginal transaction the presumption is that in case of a purchase the securities are to be
sold at a subsequent time, while in the case of a sale the presumption is that the securities are to
be bought back later. On the London Stock Exchange "for the account" means that the securities
are to be delivered and received and paid for in the next fortnightly settlement. For additional
information see Account, The.
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