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Glossary > P > "Parking" Definition

Parking

A form of kiting shares whereby brokerage firms will move long positions in unrelated accounts to cover short positions that are improperly settled according to SEC regulations.

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Parking - A form of kiting shares whereby brokerage firms will move long positions in unrelated accounts to cover short positions that are improperly settled according to SEC regulations.

Parking : a form of kiting shares whereby brokerage firms will move long positions in unrelated accounts to cover short positions that are improperly settled according to sec regulations.