Cross

(redirected from Cross tie)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

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 ?
We positioned the cross ties so that a pair of rafters lies alongside them Fig.
Cross ties, also known as railway sleepers, are those rectangular objects that are used as a base for railroad tracks.
Ceilings will also be fitted with anchoring cross ties.
It demands and repays exploration on foot, crossing and recrossing to look at the details - the complex suspension, the bowed wooden walkway, the glass 'eyes' in the cross ties designed by De Carlo and his daughter Anna.
SHOPPING LIST ITEM QUANTITY 12" round patio blocks 10 or more 2x6 x 10' treated deck framing 11 2x6 x12' cedar decking and brace 12 2x6 x 10' cedar decking 6 2x6 x 8' cedar decking 6 4x4 x 8' cedar posts 7 4x4 x10' cedar post and center hub 1 2x4 x10' cedar cross ties 15 2x4 x10' cedar top plates 4 5/4 x 8" x 9' decorative braces (18" each) 3 2x6x10' cedar intermediate and long rafters 12 2x6 x 12' header blocks 1 1/2" x 5-1/2" cedar siding 420 linear ft.
Credit cards, for instance, have a magnetic stripe above the owner's signature, with three parallel lines that look like railroad tracks and cross ties that contain the digital "ones and zeros" of the credit card information.
Traditional officer apparel in white or navy suiting can be complemented with criss cross ties, dress belts, or other accessories for an evening or formal look.
The Kerr-McGee plant opened in Columbus in 1928, making railroad cross ties and other pressure-treated timber products.
The Z-II pivot point provides four full-length legs strengthened by numerous cross ties to provide a stable base with consistent crop clearance as the machine transitions from the pivot point to the first span.
A baseball cap is optional, and those yellow cross ties are also now a thing of the past.