Back-to-back transaction

Unless otherwise defined, a transaction between three or more counterparties whereby a security is purchased on a specified date and the buyer resells the security to a third party with the seller’s consent (one party agrees to purchase securities from a second party and then agrees to sell them to a third party).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/