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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 ?
That may explain why other states have seen a greater contribution to the deer kill by crossbow hunters.
A generation ago, seeing a crossbow while hunting would have been about as common as seeing a knight of the Round Table in full armor.
I observed the top crossbow archers competing at the NAA championship.
Crossbow hunting provides a nondiscriminatory means for all hunters, strong as well as handicapped, to ethically shoot a deer.
This also is one of only a couple of WMAs statewide that already has a crossbow season.
Crossbows, of course, are commonly associated in the public mind with medieval knights.
GA, Odessa, FL 33556, put one of their new Thunderbolt crossbows in our mailbox for evaluation.
Q: Once I cock my crossbow, is it safe to carry that way, or should I un-cock it every time?
I worked partway through college in an archery pro shop, and you could always tell when someone was shooting a crossbow in the indoor lanes.
In particular, they were asked to consider whether the state should lower the age at which anyone can hunt with a crossbow from 65 to 55, and, in a separate item, whether the state should allow the use of crossbows during archery season.
a new manufacturer, announces it has begun making a proprietary line of crossbow products.
MEMSIC, Inc, (NASDAQ GM: MEMS), a leading MEMS solution provider announced today the signing of an Asset Purchase Agreement with Crossbow Technology to acquire selected Crossbow Technology product lines.