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.
Similar Matches
Across the board
Across the board Movement or trend in the stock market that affects almost all stocks in all sectors to move in the same direction.
Cross border risk Describes the volatility of returns on international investments caused by events associated with a particular country as opposed to events associated solely with a particular economic or financial agent.