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backspread
Definition of backspread
1 in stock speculation : to close the transactions previously made in a spreading operation
2 in stock speculation : to transfer a hedge from one market to another
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Origin and Etymology of backspread
2back + spread
backspread
Definition of backspread
: an arbitrage operation like a spread but performed when the difference in price between the two markets is less than the normal one
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First Known Use of backspread
circa 1934
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