Lock


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Lock

Used in the context of general equities. Make a market both ways (bid andoffer) either on the bid, offering, or an in-between price only. Locking on the offering occurs to attract a seller, since the trader is willing to pay (and ask) the offering side when others only ask it. Locking on the bid side attracts buyers for similar reasons. Typically, the sell side requires a plus tick to comply with short sale rules.
References in classic literature ?
George said he never saw so much thoughtful sadness concentrated into one glance before, as when, at the lock, that young couple grasped the idea that, for the last two miles, they had been towing the wrong boat.
But in spite of this valiant champion of fair ladies in distress, the Baron would not return the lock. So a deadly battle followed in which the ladies fought against the gentlemen, and in which the sprites also took part.
Then all rode farther on their journey, till the day grew so warm, and the sun so scorching, that the bride began to feel very thirsty again; and at last, when they came to a river, she forgot her maid's rude speech, and said, 'Pray get down, and fetch me some water to drink in my golden cup.' But the maid answered her, and even spoke more haughtily than before: 'Drink if you will, but I shall not be your waiting-maid.' Then the princess was so thirsty that she got off her horse, and lay down, and held her head over the running stream, and cried and said, 'What will become of me?' And the lock of hair answered her again:
The larger he locked up together; generally, but not always, in one of the drawers of the library table.
The main entrance to the enclosure we passed; it was a heavy wooden gate, framed in iron and locked, with the cargo of the launch piled outside it, and at the corner we came to a small doorway I had not previously observed.
I have locked them and, in my opinion, they would be better kept locked for the present."
'Well, you know,' said the Deputy Lock, shrugging his shoulders with his hands in his pockets, and shaking his head in a sulkily ominous manner, 'the parish authorities down town will have it out of you, if you go on, you may take your Alfred David.'
Two of the keys entered the lock, and one of them turned round once, but not the second time.
'Don't forget to lock the other door there, in the dressing-room.'
I heard him open his door, and bang it to, and lock it.
Rouletabille went back to the door and carefully examined the lock and the bolt, satisfying himself that the door had certainly been burst open from the outside, and, further, that the key had been found in the lock on the inside of the chamber.
When Adam got home, he put the mongoose in his box, and locked the door of the room.