Used in the context of general equities. 1) not a member of the participating party in the trade at hand; 2) not a meaningful indication of a customer's desire to take a sizable position or be involved in a stock .
STRAY
Meaning of STRAY in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012