Cross

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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 ?
With Cross-Country Rally changing its course and format every year, it is a challenge to win it every time.'
As early as the end of October, we can prepare a challenging four-kilometer (2.5 miles) cross-country trail of man-made snow in the FlE-elatal," Flury says.
When asked what was behind the rise of his teams to state elite status, Carlson traced it back to the mid-1980s when he and Bill Dortch began a summer cross-country camp for boys and girls.
- Cross-country skiing men's 4 X 10km relay (15:15)
The post Running cross-country appeared first on Cyprus Mail .
Action from ction from SATURDAY's third round of the North ATURDAY's third round of the North |Wales Cross-Country League aturday's Wales Cross-Country League PICTURE: ARWEL LEWIS
While a part of me longs for warmer days at this time of year, I celebrate blue-sky days with fresh snowfalls when I can take out my cross-country skis and head into the woods.
Or will champion trainer Willie Mullins annex the cross-country prize at his first attempt, having turned his attention to this discipline for the first time this season with Scotsirish and Uncle Junior?
It was just standard cross-country, trying to break your rhythm, I struggled on some of the tight corners, but felt I got going later on.
Werner of the Karolinska Institute, Stockholm, hypothesized that the flexed position of the spine in classical cross-country skiing might eventually cause increased thoracic curvature in growing adolescents.
In the school year so far the school has won the boys' Catholic schools' cross-country championships and the city schools' cross-country championships, as well as the cross-country relay championships.
Aspiring skiers will love Cross-Country Skiing: Building Skills For Fun And Fitness: it joins others in Mountaineers' 'Outdoor Expert' series, providing a long-time PSIA instructor's techniques using step-by-step photos and learning activities to back instruction.

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