Terminology used in the London Stock Exchange to describe profits represented by the difference between the price a jobber sells to or purchases from a broker and the middle price where the jobber covers the bargain when the middle price is used.
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Definition of jobber's turn: Terminology used in the London Stock Exchange to describe profits represented by the difference between the price a jobber sells to ...
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Nov 11, 2012 ... Jobber's Turn. A London Stock Exchange term. (See "Jobber.") The "turn" is the profit which the "jobber" makes on a transaction with a "broker," ...
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to themselves - the JOBBER'S TURN. BROKERS bought from JOBBERS on behalf of clients, charging. COMMISSION on the value of the sale. The percentage ...
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Apr 14, 2009 ... The jobber's "turn", the high brokerage charges and the heavy transfer tax payable to the Exchequer, which attend dealings on the London ...