DK Financial Glossary

What is it? Acronym for Dont Know. A security is said to be DKd when it is delivered to the purchaser or more typically the purchasers correspondent but is rejected because the purchaser either doesnt know or doesnt agree with one or more of the aspects of the trade. For example, a trade may be DKd because of an incorrect price, amount, or CUSIP number.

Finance Term Definition Added By: Justin

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