Cross

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Related to cross-examination: direct examination

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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
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.
References in periodicals archive ?
'In the case Harvinderjit is still unwell, arrangements have to be made for another counsel to continue the cross-examination or for another witness to be arranged,' he added.
Akbar had also appeared several times before the court for cross-examination.
Following LHC's rejection, Shafi had moved the top court in April to have the statements of Zafar's witnesses recorded and their cross-examination conducted in separate hearings, instead of turn-by-turn examination.
The bench accepted the plea and remarked that after preparation, the lawyers should try and complete the cross-examination within a single day.
The application added, "To present a witness is the right of one respondent and to cross-examine them is the right of the other respondent."Singer Meesha in her application further requested the apex court to declare the LHC's decision null and void and allow the cross-examination of the witnesses.
Nawaz, Maryam and Safdar asked to be excused and after the court's acceptance, they left.During Haris' cross-examination of Zia, the National Accountability Bureau's (NAB) prosecutor raised multiple objections stating that the defence counsel's questioning was irrelevant to the matter at hand.
BEIRUT: Defense counsel Dorothee Le Fraper du Hellen began her cross-examination of prosecution analyst Andrew Donaldson Monday, taking over questioning from the defense for Assad Sabra, David Young.
"Wellman's book has been my bible of sorts on cross-examination since I first read it in the 1970s," said Dodd.
Preparation is key to surviving even the most carefully crafted cross-examination. The cross-examiner will likely ask only questions to which he or she already knows the answer.
Three Crown Courts - Leeds, Liverpool and Kingston-upon-Thames -are testing pre-trial cross-examination this year.
People who may find it difficult to give their best possible evidence in a courtroom and all child victims will be considered for pre-trial cross-examination in the pilot areas.