Used in the context of general equities. Aggressive trading posture of immediately giving a bid or offer to a salesman without checking the floor conditions (listed), dealer depth ( O.T.C. ) or customer interest.
TRADE ON THE WIRE
Meaning of TRADE ON THE WIRE in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012