worked principal agreement
- worked principal agreement
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worked principal agreement (WPA)
An agreement by a London Stock Exchange (LSE) member firm to effect as principal (at some future time) a transaction in a SETS security or a portfolio transaction which includes SETS securities within agreed price and size parameters.
The agreement is reported to the LSE under the LSE's WPA regime.
For further information, see the LSE website: .
Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms.
www.practicallaw.com.
2010.
Look at other dictionaries:
worked principal transaction — (WPT) A transaction arising from a worked principal agreement. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
WPA — worked principal agreement (WPA) An agreement by a London Stock Exchange (LSE) member firm to effect as principal (at some future time) a transaction in a SETS security or a portfolio transaction which includes SETS securities within agreed price … Law dictionary
WPT — worked principal transaction (WPT) A transaction arising from a worked principal agreement. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
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