Bucket

shop. A place where bets are made on regular exchange quotations. No actual transactions take place. “Margin” (a bet) is put: up by the “customer” and a commi ion is charged for “buying” and “selling” the same as on an exchange. When the: quotations show a profit to the “customer” (or bettor) he is privileged to demand the profit; when the limit of the “cus- _o £ 2 tomer’s” margin (from which has been deducted the commi ion for both “buying” and “selling”) has been reached the “customer” has lost his bet and the transaction is closed. 90