What is the meaning of 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.

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APABarry Goldsmith. (2010). cross. Retrieved September 21, 2026, from http://smartdefine.org/cross/definitions/1151171
ChicagoBarry Goldsmith. 2010. "cross" http://smartdefine.org/cross/definitions/1151171 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, cross, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/cross/definitions/1151171>.
MLABarry Goldsmith. "cross" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/cross/definitions/1151171>
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