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 ?
In contrast, the EU views these settlements as collusion among the would-be competitors to lock out competitors during the time period of exclusivity awarded to the first generic to enter the market.
Many leaders of the textile sector told long tragic tales of suffering, culminating in lock outs and finally scrapping of textile plants, in a meeting with Dawn.
These so called structural reforms torpedoed the flourishing economy and the economic growth rate dropped to 2 percent because of lock outs in the industrial and agriculture sectors.