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 ?
On Christmas Eve, Galvin related, they landed at Millikins Bend, Louisiana, "and went out drove away the rebs, tore up the Railroad for a few miles, burned the cross ties and had the irons red hotubent them around saplings so that the Rebs could not repair the RRoad." On Dec.
In addition to Dolphins coach Joe Philbin and coordinators Mike Sherman and Kevin Coyle, Miami assistant special teams coach Dave Fipp and assistant strength and conditioning coach Dave Puloka also have Central Mass., or more specifically, Holy Cross ties. Fipp coached at HC from 1998-99, and Puloka was a Crusaders linebacker from 1997-2000.
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.
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.
I could dig the cross ties in well and have a firm base because, here in Georgia, we have stable soil and little or no frost to speak of In desert or beach sand, in the shifting soils of the West and the freezing North, you will have to be sure your mill's foundation is dug deep enough it won't slide downhill after a good rain or frost and heave out of true every winter.
Are there cross ties at ceiling height tying both sets of opposite rafters?
Bigda's ambitious schedule calls for surveying the railroad right of way as soon as possible, cutting trees and brush and removing any encroachments on rail property, replacing the track bed ballast, installing cross ties and rails this spring and having trains running by mid-summer.
As part of the initial order, Axion will deliver approximately $250,000 work of its RSC crossties to replace wooden cross ties. Because of the high cost of having to replace ties on bridges, the RSC ties were chosen because they're impervious to rot, insect damage and mold.