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1mjackson5

August 08, 2007

Posted by 1mjackson5

What are bucket shops?

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wntSolar

August 18, 2007

Posted by wntSolar

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According to investopedia: The term bucket shop comes from over 50 years ago, when bucket shops would do trades all day long, throwing the ticket into a bucket. At the end of the day they would decide which accounts to award the winning and losing trades.

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  1. wntSolar: If you'd like to read an amazing story that involve bucket shops, I would highly recommend: Reminiscences of a Stock Operator by Edwin Lefèvre. The book is a must read for any investor. If only they made a movie about it. on Amazon

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