Cross trade


 

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Cross trade

A term used by the London Stock Exchange to denote that a trade was effected as an agency cross or a riskless principle trade between two member firms at the same price and on the same terms.



Similar Matches

"OK to cross"

"OK to cross"

Used for listed equity securities. "Legal to cross the buy and sell orders on the exchange floor because transactor is not a principal in the transaction."


Cross-hauling

Cross-hauling

The simultaneous shipment of the same product in opposite directions over the same route. The export of the same good by two countries to each other would be cross-hauling, if it occurs at the same time.


Across the board

Across the board

All the months of a particular futures contract or futures option contract, for example, if all the gold contracts open limit up, they were limit up 'across the board'.


Teams Cross Functional

Teams Cross Functional

A group of usually five to eight people from two or more areas of the organization who are addressing an issue which impacts the operations of each area. For example, the processes of meeting information requests might be addressed by a team involving PI,, managed care and marketing staff.


Cross

Cross

Securities transaction in which the same broker acts as agent for both sides of the trade; a legal practice only if the broker first offers the securities publicly at a price higher than the bid.


Further Suggestions

golden cross
Crossed market
cross rate
Delta cross hedge
Crossed trade
Cross rate
dead cross
Cross-border supply
Cross elasticity
Cross sectional analysis
Cross subsidy
Cross border bonds
Cross-sell
Cross rates
Across the board
Cross border risk
Cross default
Cross holdings
Cross-promotion
Cross hedging
Cross sectional approach
Crossover rate


 
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