Cross

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Related to cross-eyed: strabismus, crossed eyes

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 ?
'Was out on the razzle again last night so bit cross-eyed this morning..
Because he's cross-eyed?" "No, because he's really heavy."
Raised in an ashram in the tiny Indian fishing village of Harenmahkeester, Guru Pitka (Myers) leaves his beloved, cross-eyed mentor Guru Tugginmypuddha (Kingsley) to establish himself as an expert in self-help and spirituality in America.
LIPPY: Richard Larkin, from Bootle, is an expert it seems; CROSS-EYED: Lucy Kenworthy from Upton; EYE, EYE: Abby, 4, from Litherland
But what's so stand-out about the Cross-Eyed Pig in Riverdale?
DAMIEN Rice will feature on the track Cross-Eyed Bear to the Help: A Day In The Life album in aid of the War Child charity.
The runner-up joke was: ``Why was the teacher cross-eyed?Because she couldn't control her pupils.''
SCRAWNY, cross-eyed, nerdy - nobody today would recognise those ugly duckling schoolkids as today's gilded superstars.
"My doll is cross-eyed and has the biggest chin you have ever seen," The Sun quoted her as saying.
With a metal stake through his guts, Kevin went cross-eyed and kissed his ex-wife Shirley Terrahawk goodbye.
Let's hope it wasn't TV star Clarence The Cross-eyed Lion or things could have got very messy.
IF the thought of all that washing and ironing makes you go cross-eyed, see spots instead with The White Company's Spotty Laundry collection.