Trade on the wire

Immediately give a bid or offer to a salesperson without checking the floor conditions (listed), dealer depth (OTC) or customer interest. An aggressive trading posture.

Trade on the Wire

To make a bid or give an offer without checking surrounding conditions. That is, an investor may trade on the wire when he/she gives his/her broker an order to buy a security at a given price without first checking whether a better price is available.

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.