Tape Shredding

  

A favorite pastime for toddlers? A new kind of skateboarding technique?

Maybe. But in this case, we're talking about a way that brokers split up orders in order to make the process easier.

You're a broker. You receive a big order. Huge. Enormous. Very difficult to get the whole thing executed in a chunk...like swallowing an entire baked potato in one gulp. So you use a little tape shredding. It's like cutting up the potato into bite-sized bits. You break the large order into smaller, more manageable ones. Each one is easier to place. It helps get big orders filled more quickly and efficiently.

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