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Axe

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Axe
The interest a person or trader shows in buying or selling a bond. A trader may have specific interest in a certain type of bond based on his or her existing positions.

Notes:
In a bond market, trader axes are matched up in order to execute a transaction.


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