backspread
1 of 2intransitive verb
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
backspread
2 of 2noun
"
: an arbitrage operation like a spread but performed when the difference in price between the two markets is less than the normal one
Word History
Etymology
Intransitive verb
back entry 2 + spread
First Known Use
Intransitive Verb
1933, in the meaning defined at sense 1
Noun
circa 1934, in the meaning defined above