Lock

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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 ?
The Noble Security cable locks, which are manufactured by Smith and Wesson, lock into the standard security lock found on notebooks such as those made by Dell, Compaq, Toshiba, Hewlett-Packard and IBM.
Two years ago, the drugstore chain started installing safes equipped with the Scrambler lock into all its new stores.
Slide and lock into the groove until it reaches the end.