Crossing of Buy and Sell Orders Law and Legal Definition
According to 12 CFR 12.2 [Title 12 -- Banks and Banking; Chapter I -- Comptroller of the Currency, Department of the Treasury; Part 12 -- Recordkeeping and Confirmation Requirements for Securities Transactions], crossing of buy and sell orders means a security transaction in which the same bank acts as agent for both the buyer and the seller.
Legal Definition list
Related Legal Terms
- 21st Century Nanotechnology Research and Development Act of 2003
- 3-A Sanitary Standards and Accepted Practice
- 3-Way Incandescent Lamp
- 480th Intelligence, Surveillance and Reconnaissance Wing
- 70th Intelligence, Surveillance and Reconnaissance Wing
- 998 Offer
- Abandon
- Abandon [Shipping]
- Abandoned Infant
- Abandoned Mark
