What Is a Cross in Finance?

A “cross” in finance is the simultaneous purchase and sale of two securities. For example, an investor might buy 100 shares of ABC Company and sell 100 shares of XYZ Company at the same time. This is also known as a “cross trade.” Crosses can be executed in the open market or through a broker. … Read more

What is a takeover bid?

The definition of OPA refers to the acronym of takeover bid. It is a stock market operation for which a company or person makes an offer for the acquisition of all or part of the shares of a listed entity. bag at a specific price. OPAs are operations motivated by exceptional demands for shares and … Read more