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
If you speak both German and Spanish, you may find yourself reaching for a German word instead of a Spanish one, and vice versa. This puzzling experience is so common among polyglots that linguists have a name for it. • The best writers create...
In the 1940s, the slang phrase You shred it, wheat! was used to express complete agreement with something, a punning variation of You said it! The phrase was sometimes also used as a retort meaning “Figure it out yourself.” This is part of a...