Meaning "O.K. TO CROSS": Used for listed equity securities. "Legal to cross the buy and sell orders on the exchange floor because transactor is not a principal in the transaction."
More terms such as "O.K. to cross" in Dictionary O.
- Definition Open Position:
- Examples A net long or short position whose value will change with a change in prices "o.k. to cross" definition.
- Definition Option-Adjusted Spread (OAS):
- Examples an issuer's spot rate curve, developed as a measure of the yield spread that can be used to convert dollar differences between theoretical value and market prices. (2) The cost of the implied "o.k. to cross" explain.
- Definition Order Ticket:
- Examples A form detailing an order instruction that a customer gives an account executive "o.k. to cross" what is.
- Definition Overdraft:
- Examples Provision of instant credit by a lending institution "o.k. to cross" meaning.
- Definition Overnight Delivery Risk:
- Examples about because differences in time zones between settlement centers require that payment or delivery on one side of a transaction be made without knowing until the next day whether the funds have been "o.k. to cross" abbreviation.
