| 释义 |
crossed trade Crossed tradeThe prohibited practice of offsetting buy and sell orders without recording the trade on the exchange, thus not allowing other traders to take advantage of a more favorable price.Crossed TradeA trade in which a broker offsets buy and sell orders without recording the orders on the exchange where the trade is taking place. This prevents traders from taking advantage of a better price. A crossed trade may be considered a form of price manipulation, and, as such, is prohibited.crossed trade The matching of a buy order with a sell order when the trade is not reported to the exchange on which it occurred. Crossed trades are prohibited. |