Definition of Jobber's turn

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TeachMeFinance.com - explain Jobber's turn




historic definition...

Jobber's turn -- London Stock Exchange term ; the jobber's profit as represented by the difference between the price at vvhich a jobber buys from or sells to a broker and the middle price at which he covers his bargain (that is, when he covers at the middle price, as he often does).


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