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TeachMeFinance.com - explain Cross order historic definition... Cross order -- Same as matched order; a stock market term. meaning an order to buy and sell the same stock, usually for the purpose of making a quotation. Sometimes a broker receives an order from one customer to buy and from another an order to sell the same stock ; then he has a cross order which is not fictitious. On the New York Stock Exchange a broker who has an order to buy and another order to sell the same stock is not allowed to fulfil the orders by entering one against the other. He must make an actual purchase of another broker and an actual sale to another broker. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.