stockjobbery
A British trading term for the business or practices of a stockjobber — historically a market maker on the London Stock Exchange who traded shares on their own account rather than on behalf of clients.
Definitions
A British trading term for the business or practices of a stockjobber — historically a market maker on the London Stock Exchange who traded shares on their own account rather than on behalf of clients. Stockjobbery carries a faint whiff of disrepute, implying sharp dealing, speculation, and the kind of financial maneuvering that polite society frowned upon. The role of stockjobber was formally abolished when London's 'Big Bang' deregulation in 1986 merged the functions of jobbers and brokers.
His grandfather had made the family fortune through stockjobbery in the City during the postwar boom years.
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(British, trading) The work of a stockjobber.
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🇬🇧About British & Irish slang slang
UK and Irish slang — Cockney, Scouse, Geordie, Yorkshire, Glaswegian, Brummie, Welsh, West Country, plus Irish English. Centuries of regional dialects feeding into modern British and Irish street talk.
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Semantically related
- stockjobber81%
(British, pejorative, trading) An unscrupulous stockbroker.
- stockjob80%
(British, obsolete) To engage in speculative or underhanded trading in stocks or securities, often with an implication of sharp dealing or manipulation.
- stockjobber77%
(chiefly, _, British, trading) A stock exchange worker who deals only with brokers.
- jobber74%
(obsolete, UK, finance) A promoter or broker of stocks for investment.