Cross

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Related to cross-examination: direct examination

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 ?
If the cross-examination goes poorly, a properly prepared attorney may be able to repair most of the damage on redirect.
bring out information tending to lessen the effect of cross-examination establishing bias, (13) and
6) The key is to organize the cross-examination into "attack points" which are "concise statements that characterize a significant element of the argument" to be made about the witness during closing argument.
On cross-examination, Muir said he didn't go to the Times, or to state or federal prosecutors, with the allegations of overbilling, but was a source that confirmed information for a Times story in July 2004.
A survey of post-Crawford Florida cases reflects the likelihood that police-controlled phone calls are inadmissible in a criminal trial unless the declarant testifies at trial and is subject to cross-examination.
A chapter on surviving both direct and cross-examinations contains further important information to help testifying officers and others as to what they must expect during the two types of examinations in terms of the style of the interrogation and their responses to such questions.
Unfortunately, that is what one trial judge overlooked when he prohibited a plaintiffs' attorney (who was cross-examining a defendant-hospital's expert witness) from pursuing his cross-examination.
Although victims would still have to prove their stories, they would not be subject to aggressive cross-examination by defense lawyers.
Cross-examination at trial is the best and sometimes the only opportunity for an attorney to discredit the analysis leading to an opposing appraiser's value conclusions.
To establish a framework for this analysis, Davis devotes the book's first two chapters to an intense examination and cross-examination of a variety of early "nonfictional" texts of the Nat Turner Revolt.
Availability of the CEO or other principals involved for cross-examination by the press and public is a key element we look for.
to hostile cross-examination during the Gunner-Cubillo case was a disgrace