Upstairs Trade
What Does Upstairs Trade Mean?
When a trade in a listed stock is not executed through the listing exchange.
Investopedia explains Upstairs Trade
Historically, in an upstairs trade buyers and sellers would negotiate the price and conditions of the trade in the "upstairs" rooms of a brokerage firm. Some exchanges prohibit upstairs trading.
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- Getting To Know The Stock Exchanges - Here are the answers to all the questions you have about stock exchanges but are too afraid to ask!
- Markets Demystified - Knowing how the primary and secondary markets work is key to understanding how stocks trade.
- The Dirt On Delisting - Listed securities are 'the cream of the crop'. Find out how a firm can lose that status and why you should be wary.
