DCHP-1 Online
telephone room Slang 
a room serving as a temporary headquarters of persons selling dubious or worthless stocks by telephone; bucket shop.
- 1959 eventually the Ontario Securities Commission drove most of the telephone room boys out of Ontario--but like gophers they popped up elsewhere. . . .
- 1959 eventually the Ontario Securities Commission drove most of the telephone room boys out of Ontario--but like gophers they popped up elsewhere. . . .