Don't Know - DK

DEFINITION of 'Don't Know - DK'

A slang expression for an out trade that is used when there is a discrepancy in the details of a trade.

Also known as a "DK'd trade."

BREAKING DOWN 'Don't Know - DK'

In this kind of a trade, one of the parties "doesn't know the trade." This party either lacks information or has received inaccurate trading instructions.

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