What is re-trading?

Retrading refers to the act of renegotiating the terms of a previously agreed upon contract or trade. It occurs when one party believes that they can get a better deal or when unforeseen circumstances change the initial agreement. Retrading can happen in various sectors and industries, including financial markets, commodity trading, real estate transactions, and more. It can be legal, but it also could be unethical, particularly if one party takes advantage of their position of power or information advantage. When re-trading happens frequently, it can erode trust between parties and result in negative consequences for business relationships.