Trade on the wire(redirected from Traded on the Wire)
Trade on the wire
Immediately give a bid or offer to a salesperson without checking the floor conditions (listed), dealer depth (OTC) or customer interest. An aggressive trading posture.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Trade on the Wire
To make a bid or give an offer without checking surrounding conditions. That is, an investor may trade on the wire when he/she gives his/her broker an order to buy a security at a given price without first checking whether a better price is available.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved