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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 ?
Crosscheck is one of a number of different tests that can all be run on the EnSURE instrument to measure aspects of hygiene and food safety.
What's more, we have integrated CrossCheck with a unique morphology feature that recognizes glossary terms even when inflected or conjugated.
eTBLAST, Turnitin and CrossCheck were mentioned as some of the software available for detecting plagiarism.
"We believe that Crosscheck Networks offers a unique set of products that fill a significant need for optimising and securing web service through its lifecycle," Slaats added.
In the short-term, at least crosscheck the qualfiers before they go into the hat or drum and then put them in there in a random fashion rather than heat-by-heat.
But questions have been raised in Illinois and elsewhere about the security of passwords, accuracy of the information and the political leanings of Kansas Secretary of State Kris Kobach, who oversees Crosscheck and helped lead President Donald Trumps now-disbanded election fraud commission.
Trim is used to relieve stick pressure and pitch drift, and crosscheck is used to minimize airspeed and VVI trends toward desired performance in an iterative manner while preparing for level-off.
One such tool, called CrossCheck, is a new creation from CrossRef that's designed to spot plagiarism at a variety of critical points in the publishing process.
We have gathered information from him but have to crosscheck it with other evidence." Amrozi was arrested on Tuesday.
A statement endorsed by INEC Administrative Secretary, Mr Charles Mbanaja for the Resident Electoral Commissioner requires all those who registered during the first quarter to avail themselves of the opportunity to crosscheck their names and make necessary claims and objections for correction.
senators -- have urged election officials to withdraw from the Kansas-run Interstate Voter Registration Crosscheck Program.