Meaning 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
More terms such as Cross in Dictionary C.
- Definition Certificate Of Accrual On Treasury Securities (CATS):
- Examples Refers to a zero-coupon U.S. Treasury issue that is sold at a deep discount from the face value and pays no coupon interest during its lifetime, but returns the full face value at maturity cross definition.
- Definition Convertible Eurobond:
- Examples A eurobond that can be converted into another asset, often through exercise of attached warrants cross explain.
- Definition CREST:
- Examples 039;s real-time settlement system for U.K. and Irish shares and other corporate securities. CrestCo has provided settlement systems for government bonds and money market instruments in the U.K. since cross what is.
- Definition Concession:
- Examples The per-share or per-bond compensation of a selling group for participating in a corporate underwriting cross meaning.
- Definition Convention Statement:
- Examples filed by a life insurance company in each state where it does business in compliance with that state's regulations. The statement and supporting documents show, among other things, the assets cross abbreviation.
