Cross

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Related to Cross My Heart: cross my heart and hope to die

Cross

Securities transaction in which the same broker acts as agent for both sides of the trade; a legal practice only if the broker first offers the securities publicly at a price higher than the bid.

Cross

To match and execute two orders made to the same broker. Suppose a broker receives one order to buy 1,000 shares at $45 and another to sell 1,000 shares at $45. If he matches these two together, he is said to cross the orders. Crossing is subject to some regulation to prevent conflict of interest on the part of the broker.

cross

To match, by a single broker or dealer, a buy order and a sell order. For example, a floor broker may have an order to buy 500 shares of IBM at $120 and another order to sell 500 shares of IBM at the same price. Subject to certain rules, the floor broker may cross the order by matching the sell and the buy orders. Crossing of stock is common in large blocks.
References in periodicals archive ?
Although this novel takes place a few generations before River, Cross My Heart, it packs an equally powerful punch.
Then there was the 1980s when, cross my heart, I feared for his health.
Studies have shown that there's a direct connection t between a love of reading and a love of learning, a viewpoint shared by Carmen Reid, author of teen novel, Cross My Heart.
CROSS my heart, I had every intention of watching the new Aussie comedy Dossa And Joe from The Royle Family's Caroline Aherne on BBC 2, but was persuaded to go and see the new Star Wars movie, instead.
And, finally, in the teen section, Carmen Reid's outstanding World War Two tale, Cross My Heart continues to gain rave reviews.
A half-sister to multiple winner Stepper Point, Cross My Heart took a couple of runs to get warmed up before finally losing her maiden tag with an all-the-way success at Pontefract last month.
Joining Keith for this star-studded evening, the gorgeous Preeya Kalidas will be taking to the stage to perform an exclusive set, including her new single Cross My Heart taken from her upcoming debut solo album, Constant Craving, which is out in January Preeya, best known for her role as Amira in Eastenders has recently collaborated with grime artist Skepta and promises a kaleidoscopic performance.