What is ‘Parking’
Parking in stock trading is the practice of selling shares to another party with the understanding that the original owner will buy them back after a short time.
Explaining ‘Parking’
Stock parking is an illegal measure by which a broker arranges to sell shares to another party to reduce their position for disclosure deadlines, with the understanding that the the original broker will purchase the shares back later at a profit to their receiving broker. Brokerages try to park stocks to keep their holdings legal under SEC guidelines during disclosure periods, or to appear as though they have fulfilled all of their obligations by the settlement date for a particular trade.
Further Reading
- Charging for parking to finance public services – journals.sagepub.com [PDF]
- A review of urban car parking models – www.tandfonline.com [PDF]
- The effects of parking pricing and supply on travel patterns to a major business district – ideas.repec.org [PDF]
- Illegal parking and the enforcement of parking regulations: causes, effects and interactions – www.tandfonline.com [PDF]
- Trends in park tourism: Economics, finance and management – www.tandfonline.com [PDF]
- PARKING: WHY, WHERE AND HOW? – trid.trb.org [PDF]
- Getting the prices right: an evaluation of pricing parking by demand in San Francisco – www.tandfonline.com [PDF]
- Economic and environmental impacts of a PV powered workplace parking garage charging station – www.sciencedirect.com [PDF]
