1

backspread

intransitive verb

Definition of backspread

  1. 1 in stock speculation :  to close the transactions previously made in a spreading operation

  2. 2 in stock speculation :  to transfer a hedge from one market to another

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Origin and Etymology of backspread

2back + spread


2

backspread

noun \"\

Definition of backspread

  1. :  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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