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  1. FINANCE|financial institutions and credit

    #654298

    IATE #3566093
    trastrádáil Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
    ga
    cross trade | cross trading | crossed trade
    en
    Definition practice where buy and sell orders for the same stock are offset without recording the trade on the exchange, which is outlawed on most major stock exchanges Reference """cross trade"", (I)INVESTOPEDIA>Dictionary, http://www.investopedia.com/terms/c/crosstrade.asp [30.7.2015]"
    Comment "This also occurs when a broker executes both a buy and a sell for the same security from one client account to another where both accounts are managed by the same portfolio manager. ""cross trade"", (I)INVESTOPEDIA>Dictionary, http://www.investopedia.com/terms/c/crosstrade.asp [30.7.2015]"