Lock

(redirected from lock forwards)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Lock

Used in the context of general equities. Make a market both ways (bid andoffer) either on the bid, offering, or an in-between price only. Locking on the offering occurs to attract a seller, since the trader is willing to pay (and ask) the offering side when others only ask it. Locking on the bid side attracts buyers for similar reasons. Typically, the sell side requires a plus tick to comply with short sale rules.
References in periodicals archive ?
Williams, himself a Lion in Australia three years ago, insists converted lock forward sensation Owen possesses the ability to reach the pinnacle of his profession.
Huw Thomas converted both tries and helped himself to half-a-dozen more points as Nuneaton added further touchdowns from Holmes, Cook, Simon Brocklehurst and Davies despite being hampered by sin-bin sessions for lock forwards Dan Hurst and Llyr Griffiths.