DK

From The Jolly Contrarian
Revision as of 10:04, 12 February 2021 by Amwelladmin (talk | contribs)
Jump to navigation Jump to search
The Jolly Contrarian’s Dictionary
The snippy guide to financial services lingo.™

Index — Click ᐅ to expand:

Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

DK /diː/ /keɪ/ (v.)
Saint Peter-style, to disown, deny, or feign ignorance. DK stands not, as the JC believed in some humiliating mondegreen until 2021, for “drop-kick”, but for “do not know”. To “DK” a trade “alleged” by an executing broker to a prime broker, is to refuse to take it, as is sometimes required by the SEC no-action letter.

See also