Cross

(redirected from cross table)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to cross table: Pivot table

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 ?
By using a simple cross table it is possible to determine options that are rarely used by customers.
Rockland chair, pounds 599' MODERN: The Criss Cross table at John Lewis' LOOKS FISHY: The Shell from Andrew Martin
If there is such a place, the three people whom police arrested for falsely collecting donations at a faux Red Cross table outside a Burbank Best Buy store last week would appear to be destined for it.
The machines are thermo-stabilized for accuracy, including the column, base, saddle, and cross table.
Had they listened to the noble Lord instead of indulging in what is sadly becoming the norm at many industry dinners -- conducting loutish, cross table conversations until the comedian comes on -- they would have heard one of the most thought provoking orations for many a year.
This query engine allows both collar, cross table or join queries.