Bucket Shop

A corrupt brokerage firm, normally one that takes part in aggressive, frequently fraudulent telephone sales strategies. Likewise called a "engine compartment," or "stolen car dismantler."

Features

• A bucket shop is a brokerage firm that takes part in dishonest business rehearses.
• Today, bucket shops are associated with purported bucketing transactions, which includes wrongfully benefitting from clients' trades.
• By and large, they would work with gambling on stock prices, frequently uplifting their clients to utilize dangerous levels of leverage.