street-side trade

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Street-Side Trade

A trade between two brokers. See also: Street broker.

street-side trade

A security trade between brokers.
References in periodicals archive ?
We are in the early phase of production with clients operating at the NYSE with our Breakwatch System, which compares street side trade data with contra brokers, as well as our new HandHeld device for generating market looks directly from the crowd to the upstairs trading desk," commented Andy Wilson, Executive Vice President of Sales and Marketing, NYFIX, Inc.
Street side trades in corporate bonds will be sent to the RTTM system for matching, and then passed onto NSCC for clearance and settlement.
Back office connections for street side trades and client allocations.