IFC Prep
← Back to glossary
Regulation

discretionary trading

Opération discrétionnaire

Any purchase or sale in which the representative determines the timing and/or price of the buy or sell order.

Related Terms

unsolicited orderCanadian Investment Regulatory Organization (CIRO)Investment Industry Regulatory Organization of Canada (IIROC)Self-Regulatory Organizations (SROs)

Prepare for the IFC exam with 900+ practice questions

Start for free →