"O.K. to cross" financial definition of "O.K. to cross"
https://financial-dictionary.thefreedictionary.com/%22O.K.+to+cross%22
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"O.K. to cross"
"O.K. to cross"
Used for listed equity securities. "Legal to
cross
the
buy
and sell
orders
on the
exchange
floor because transactor is not a
principal
in the
transaction
."
Copyright © 2012,
Campbell R. Harvey
. All Rights Reserved.
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