Legal Dictionary of Pakistan

Scalping

n. 1. The purchase of a security by an investment adviser before the adviser recommends that a customer buy the same security. This practice is usu. considered unethical because the customer's purchase will increase the security's price, thus enabling the investment adviser to sell at a profit. 2. The excessive markup or markdown on a transaction by a market-maker. 0 This action violates NASD guidelines. 3. The practice of selling something (esp. a ticket) at a price above face value once it becomes scarce (usu. just before a high-demand event begins). - scalp, ub.