wanted for cash(redirected from Wants for Cash)
Wanted for cash
A statement displayed on market tickers indicating that a bidder will pay cash for same-day settlement of a block of a specified security.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Wanted for Cash
A notice or statement on a ticker stating that an investor wishes to buy a security for same-day settlement. That is, a wanted for cash indication means that the investor wishes to pay for and receive delivery of the security on the same day.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
wanted for cash
A notice on the ticker tape that an investor is interested in purchasing a particular security for immediate delivery and payment, in contrast with a regular transaction in which five business days are permitted for delivery and payment.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.