Cross

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Related to cross-eyed: strabismus, crossed eyes

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 ?
Cross-Eyed on Rebsamen Park Road is in a good location at the end of a restaurant lineup that includes the Faded Rose and Buffalo Grill.
But they go cross-eyed in the serious bits where we go cross-eyed in the comic ones - which can cause diplomatic problems.
Heidi the cross-eyed opossum, Germany's biggest media sensation, will make her Academy Award winner predictions on Jimmy Kimmel's show.
MIKE MYERS is on typical madcap form as Guru Pitka, who leaves his cross-eyed mentor (Ben Kingsley) to become an expert in self-help and spirituality in America.
Here's something else to chew on: a Cross-Eyed Pig in west Little Rock.
HAT'S NICE: Youngsters at the Tic Toc nursery celebrate halloween in traditional manner complete with cross-eyed pumpkin, (from left) Shannon Edwards, aged three, two-year-old Jon McClean, and three- year-olds Isha Abumark and David Murray.
The Dumfries man is staying in the Dublin hotel that hosted the Miss Ireland contest on Friday night so you'd have forgiven him for teeing off a little cross-eyed yesterday.
The process is so complicated it makes you cross-eyed just thinking about it.
He is possibly cross-eyed or has a lazy eye and may have scratch marks on his cheeks from when the victim resisted, said LAPD Lt.
Yassin Al-Jermoni, 25, says of his relationship with Cheryl, 46: 'She is fat and I am cross-eyed with bad skin.
What first attracted you, Mr and Mrs American public, to the short, cross-eyed, former coke-sniffing alcoholic simian-swagger and functionally illiterate semi-imbecile George W Bush?
Cross-Eyed Pig and Little Rock businessman Anthony Michael have landed in Whispers again: This time for not paying a nearly $5,000 bill to a supplier.