spreader
n.— «Another trader sounded more sanguine: “Big orders executed in a rapid fashion, coupled with spreaders there to help absorb some of the volatility, creates extreme swings.” A spreader is someone who simultaneously buys and sells two different futures contracts, seeking to profit on a change in the difference in price.» —“CBOT wheat volatility vexes analysts, irks traders” by Julie Ingwersen in Chicago Guardian (United Kingdom) Feb. 28, 2008. (source: Double-Tongued Dictionary)
Further reading
The adjectives canine and feline refer to dogs and cats. But how does English address other groups of animals? Plus, cabin fever has been around much longer than the current pandemic. That restless, antsy, stir-crazy feeling goes back to the days...
Names don’t always mean what you think they mean. Main Street in San Francisco is named after businessman Charles Main, and Snowflake, Arizona, honors two guys named Snow and Flake. Plus, big words for small people: A colorful new book...