- worked principal transaction
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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.
worked principal transaction
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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… … 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
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
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