Jobber's turn. London Stock Exchange term; the jobber's profit as represented by the difference
between the price at which a jobber buys from or sells to a broker and the middle price at which he
covers his bargain (that is, when he covers at the middle price, as he often does). Thus, if his
prices are 99 7-8—100 1-8 and he sells to a broker at 100 1-8 and undoes or covers the bargain
by buying from another jobber at 100 his turn is 1-8. But if he buys from another broker at 99 7-8
he makes two turns. It is not often, however, that he is fortunate enough to deal between two
brokers; more frequently he "takes his turn" by covering his bargain with another jobber at the
middle price.