Cross Trade definition

Cross Trade means a type of Bilaterally Negotiated Trade in which the same Counterparty is on both sides of the trade;

Cross Trade has the meaning given to it in Section 3(a)(viii).

Cross Trade means a trade in which a member is acting as an agent for both buyer and seller (an agency cross) or in which a member is acting as a principal on its own account in a trade with a customer (a principal cross) ;

Examples of Cross Trade in a sentence

• Cross Trade PolicyCross trade is defined as a buy and sell transaction of the same security between two or more clients’ accounts managed by a fund management company.

• Traders that would prefer guaranteed execution will select the ‘Adjustable Price Option’.A trade resulting from the submission of a Cross Order results only in a Cross Trade (XT) and has no impact to orders.Cross Orders with Fixed PriceCross orders can only be submitted with a price within the best bid and offer price (BBO) of the instrument (excluding the BBO).

• For the Cross Trade (X) modifiers, firms should defer to the Level 2 and Level 3 sale condition codes to determine whether to include the trade in the high, low, and last sale calculation statistics.

• Capitalized terms appearing in ancillary documents such as the Authorization to Transfer Funds, Cross Trade Consent, Arbitration Agreement, Partnership Account Authorization, Certified Customer Resolutions, Hedge Account Agreement or Limited Power of Attorney, shall have the meanings ascribed herein.

• Cross Trading – Cross trading futures contracts can be done via right click on the chart and choose: Cross Trade (symbol).

• In this case, if the Participation was completely satisfied with the Bid, there will have not been a Participation in the Cross Trade.If the number of Contracts offered in the Participation of a Cross Trade is partially satisfied by a firm Bid deployed in the book of Bids, the Contracts of the Participation that were not traded against this Bid will be traded and assigned the number of Contracts contained in the Cross Trade.

• The Clearing Members in their capacity as Brokers, Brokers and Participants of a Recognized Foreign Market may participate in a Cross Trade, only in the case of Contracts on the Underlying Assets and for the period that will be announced by the Chief Executive Officer or, in his absence, by the Head of Transactional Services of the Derivatives Market, through the Bulletin, three Business Days prior to its entry into force.

• The MMT level 3.3 Agency Cross Trade Indicator can be send on inbound Trade Capture Reports(MsgType=AE) inbound and will be echoed back on Trade Capture Report confirmations.

• The Market Surveillance Office may, if necessary, request from Exchange Members: the disclosure of information and documents; the disclosure of the economic beneficiary of an transaction, especially in case of a Cross Trade.

• In this case, the Cross Trade will be held for the total number of Contracts object of the Cross Trade minus the number of Contracts assigned to the Participation.

More Definitions of Cross Trade

Cross Trade means a type of Bilaterally nNegotiated tTrade in which the same Counterparty is on both sides of the trade;

Cross Trade means type of Bilateral negotiated trade in which the same Counterparty is on both sides of the order. This is also called a “Two-sided trade” or “Intrabank trade”;

Cross Trade means international transport operations carried out by a haulier between two host Member States neither of which is the Member State where the haulier is established.

Cross Trade means the trading of securities between a “large plan” and another account managed by the same adviser that meets the

Cross Trade means the transport of goods by road between two countries other than the country where the vehicle has been registered. Breakdown by type of goods is not available for cross-trade.