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dealer equity option

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 1256 — for purposes of this section

The term “dealer equity option” means, with respect to an options dealer, any listed option which—

(A) is an equity option,

(B) is purchased or granted by such options dealer in the normal course of his activity of dealing in options, and

(C) is listed on the qualified board or exchange on which such options dealer is registered.