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Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.07 sec. |
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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.
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``There's a very long path that it actually creates, and it hooks up to other crossing paths, so we're setting up a sort of a web here to allow people to get virtually anywhere they want on a bicycle. Well, this is the fairway on the third hole at Muirfield, where a course worker attempts to cut a crossing path for spectators. |
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