An unethical practice of a broker making a trade in his or her own personal account immediately after executing the same trade for a Client. If the broker has reason to believe that the customer is making the trade on the basis of inside information, piggybacking (also known as tailgating) can be illegal as well as unethical.
Browse by Subjects
See All Related Terms »
Committee of European Securities Regulators
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):