Business buzzwords
Q1
The broker has to know when to accept a counterparty's price quotation and get the trade done: there are times when a broker just has to lift the offer or ..... the bid, particularly if the futures market is rocking and rolling - if a glance at the board shows the numbers continually changing, it's not the time to try to finesse the prices.
(*) hit
(*) spot
(*) strike
(*) take
