Crossing

Crossing A method adopted by specialist institutional brokerage firms to handle large buy or sell orders, which would, in the normal course, distort the price movement of shares. In this kind of negotiated transaction, the brokerage firm matches the buyers with the sellers. Once the deal is closed, the prearranged orders are sent to the exchange floor for execution. See also SECONDARY DISTRIBUTION.

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.

Powered by WordPress