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Crossed trade
A practice in which a Broker offsets Buy and Sell orders without recording the transactions on the Exchange . This is illegal, because it may prevent an investor from getting the best possible price on the Trade .
Related Terms: 13
Action , Buy , Broker , Exchange , Legal , Leg , Order , Offset , Record , Sell , Sell order , Transaction , Trade
Semi Related Terms: 555 CLICK HERE TO VIEW
10-K ,
1035 exchange ,
Accrual of discount ,
American Stock Exchange ,
Amortization of premium ,
Asked price ,
Asking price ,
All or any part ,
Alternative order ,
At best ,
Automated Order Entry System ,
Adjusted futures price ,
Add-on service ,
Abstract of title ,
Action to quiet title ,
As is ,
Assignment to creditors ,
Attorney in fact ,
Assignment of mortgage ,
A shares ,
Average price per share ,
Aggregate exercise price ,
At the money ,
Across the board ,
Action ,
Additional paid-in capital ,
Ad valorem ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Automated Pricing and Reporting System ,
Away from the market ,
Accredited investor ,
Angel investor ,
Below the line ,
Books of final entry ,
Books of original entry ,
Banking Act of 1933 ,
Best ask ,
Best bid ,
Bid-to-cover ratio ,
Block trade ,
Bureau of Public Debt ,
Buy ,
Best efforts offering ,
Best-execution requirement ,
Broker ,
Broker loan ,
Brought over the wall ,
Buying on margin ,
Buy limit order ,
Buy minus ,
Buy minus order ,
Buy on close ,
Buy on opening ,
Buy order ,
Buy stop order ,
Buy the book ,
Balance of payments ,
Board of Governors ,
Break-even analysis ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Breach of trust ,
By the book ,
Bailing out ,
Broker loan rate ,
B shares ,
Buy and write ,
Benefit offset ,
Buy-side ,
Break-even tax rate ,
Blow-off top ,
Breadth-of-market theory ,
Beat the gun ,
Cost Of Goods Sold ,
Cost of sales ,
Credit order ,
Call price ,
Certificate of Participation ,
Committee on Uniform Securities Identification Procedures ,
Conversion parity price ,
Conversion price ,
Closed out ,
Code of procedure ,
Contingency order ,
Contingent order ,
Contra broker ,
Contract broker ,
Crossed trade ,
Chicago Mercantile Exchange ,
Capitalization of income ,
Consumer Price Index ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Cash and carry trade ,
Cash price ,
Chasing the market ,
Cheapest to deliver ,
Chicago Board of Trade ,
Commodities Exchange Act ,
Commodities Exchange Center ,
Commodity Exchange ,
Cost-of-living rider ,
Certificate of stock ,
Chicago Board Options Exchange ,
Corporate action ,
Cost of carry ,
Certificate of title ,
Class action suit ,
Cancellation of debt ,
Cash-out refinancing ,
Certificate of Claim ,
Cost of debt capital ,
Cost of funds ,
Crowding out ,
C shares ,
Class of options ,
Close to the money ,
Closing transaction ,
Certificate of Occupancy ,
Cloud on title ,
Cash or Deferred Arrangement ,
Class A Shares ,
Class B Shares ,
Crash of 1929 ,
Crash of 1987 ,
Child and dependent care credit ,
Coefficient of determination ,
Cup and handle ,
Certificate of delivery ,
Close a position ,
Close out ,
Closing price ,
Cornering the market ,
Curbs in ,
Curbs out ,
Deposit in transit ,
Date of issue ,
Date of payment ,
Dollar price ,
Day order ,
Deep discount broker ,
Designated Order Turnaround ,
Discount broker ,
Discretionary order ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Date of record ,
Dividend in arrears ,
Desk (the) ,
Division of labor ,
Durable goods orders ,
Delivery price ,
De-escalation clause ,
De facto ,
Durable Power of Attorney ,
Date of maturity ,
Debtor in possession ,
Debtor-in-possession financing ,
Deed of Release ,
Deed of Trust ,
Discharge of bankruptcy ,
Discharge of lien ,
Due-on-sale clause ,
Deep in the money ,
Deep out of the money ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Dogs of the Dow ,
Daylight trade ,
Day trade ,
Depth of market ,
Eurodollar certificate of deposit ,
Escrowed to maturity ,
Event risk ,
Exchange ,
Ex-legal ,
Either-or order ,
Exchange seat ,
Exchange rate ,
Edge Act ,
E-mini ,
Exchange against actuals ,
Exchange for futures ,
Exchange for physical ,
Exchange of spot ,
Exchange versus cash ,
Ex-pit transaction ,
Ex-all ,
Exchange ratio ,
Exchange fund ,
Exchange privilege ,
Exchange-traded option ,
Ex-warrants ,
Employee Retirement Income Security Act of 1974 ,
Ex-rights ,
Ex-rights date ,
Even lot ,
Even spread ,
Even up ,
Exchange distribution ,
First In First Out ,
Federal Savings and Loan Association ,
Flight to quality ,
Flow of funds ,
Full price ,
Fill or kill ,
Floor broker ,
Front-ending an order ,
Floating exchange rate ,
Foreign exchange ,
Foreign exchange rate ,
Forward exchange rate ,
Forward P/E ,
Factors of production ,
Favorable balance of trade ,
Federal Trade Commission ,
Free market price ,
Free trade ,
Forward price ,
Futures price ,
Form 8-K ,
Form S-1 ,
Friends and family offering ,
Fair Credit Reporting Act ,
Fair Debt Collection Practices Act ,
Full faith and credit ,
Family of funds ,
Fund of funds ,
Free and clear ,
Federal Insurance Contributions Act ,
Free right of exchange ,
Forward trade ,
Glass-Steagall Act ,
G-7 ,
GDP implicit price deflator ,
General Agreement on Tariffs and Trade ,
G-8 ,
Growth and income fund ,
Gather in the stops ,
Hart-Scott-Rodino Act of 1976 ,
Hit the bid ,
House of issue ,
Hang Seng Index ,
Health Insurance Portability and Accountability Act ,
Holder in due course ,
Hang out loan ,
Home equity line of credit ,
Home Mortgage Disclosure Act ,
Head and shoulders ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Horizontal price movement ,
In escrow ,
Independent broker ,
In-house ,
Introducing broker ,
Investment Advisor Act of 1940 ,
Investment Company Act of 1940 ,
In line ,
International trade ,
Insurance broker ,
Insider Trading sanctions Act of 1984 ,
Internal Rate of Return ,
Investor relations ,
Indication of interest ,
In intestacy ,
In play ,
In-process research and development ,
I/O strip ,
In-service withdrawal ,
Imbalance of orders ,
In and out ,
Individual investor ,
Institutional investor ,
In sympathy ,
In the tank ,
Jointly and severally ,
Jumping the gun ,
Joint and several liability ,
Joint and survivor annuity ,
Knock-out option ,
Last In First Out ,
Legal list ,
Lender of last resort ,
Law of one price ,
Lending at a rate ,
Limit-on-close order ,
Limit order ,
Limit order book ,
Limit order information system ,
Limit price ,
Law of demand ,
Law of supply ,
London International Financial Futures and Options Exchange ,
Letter of comment ,
Liquidity event ,
Legal ,
Legal age ,
Legal entity ,
Legal risk ,
Legal assets ,
Line of credit ,
Loan-to-cost ,
Loan-to-value ,
Lock-in ,
Leg ,
Long leg ,
Leading the market ,
Like-kind exchange ,
Locked in ,
Long-term gain or loss ,
Level I quotes ,
Money order ,
Market conversion price ,
Make a market ,
Market if touched order ,
Market on close order ,
Market order ,
Mark-to-market ,
May Day ,
Medium of exchange ,
Marginal propensity to consume ,
Mortgage broker ,
Matching orders ,
Maximum price fluctuation ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
New York Stock Exchange ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
National Securities Trade Association ,
No limit order ,
New York Futures Exchange ,
No-Action Letter ,
Null and void ,
Notice of Default ,
National Association of Real Estate Investment Trusts ,
Net change ,
Net transaction ,
Nonaccredited investor ,
Off-balance-sheet financing ,
Off the books ,
Office of Thrift Supervision ,
Offering price ,
Out-of-favor ,
Over-the-Counter ,
Off-floor order ,
On-floor order ,
Online broker ,
On margin ,
Open order ,
Or better ,
Order ,
Order flow ,
Order ticket ,
Outside broker ,
Opinion of title ,
On account ,
On-the-spot loan ,
Opening transaction ,
Option price ,
Out of the money ,
Old age, survivors, and disability insurance ,
On-balance volume ,
Odd lot buy/sell ratio ,
Off-board ,
Offset ,
On close ,
On open ,
On the opening ,
Open trade equity ,
Option exchange ,
Order book official ,
Order imbalance ,
Pooling of interests ,
Pre-depreciation profit ,
Pre-tax profit margin ,
Profit and loss statement ,
Payment-in-kind security ,
Price Value of a Basis Point ,
Payment for order flow ,
Prime broker ,
P&L ,
Price index ,
Producer Price Index ,
Parity price ,
Price limit ,
Pre-existing conditions ,
Public offering price ,
Power of Attorney ,
Prioritization of debt ,
Pairs trade ,
Price spread ,
Prudent Expert Act ,
Paid-in capital ,
Paid-in surplus ,
Passive investor ,
Pre-syndicate bid ,
Private Investment in Public Equity ,
Preservation of capital ,
Point-and-figure chart ,
Painting the tape ,
Priced out ,
Price range ,
Price-weighted index ,
Primary exchange ,
Qualified institutional investor ,
Record ,
Reports and Records ,
Return of capital ,
Return on Capital ,
Return on Invested Capital ,
Return on Total Assets ,
Redemption price ,
Reading the tape ,
Real-time trade reporting ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Round of funding ,
Rules of Fair Practice ,
Rate of exchange ,
Reciprocal of European terms ,
Record date ,
Retail Price Index ,
Regulation A ,
Right of first refusal ,
Right of rescission ,
Right to Know ,
Revolving line of credit ,
Right of recourse ,
Rule of 78 ,
Real estate broker ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Risk/return trade-off ,
Return on Capital Employed ,
Rate of return ,
Real rate of return ,
Regional exchange ,
Retail investor ,
Selling, General and Administrative Expenses ,
SG&A ,
Savings and Loan ,
Sight letter of credit ,
S&L ,
Securities and Exchange Commission ,
Sell ,
Securities Investor Protection Corporation ,
Segregation of securities ,
Sell limit order ,
Sell order ,
Sell plus ,
Sell-side analyst ,
Sell the book ,
Significant order ,
Small Order Execution System ,
Split order ,
Stop-limit order ,
Stop order ,
Stop price ,
Street broker ,
Standard of living ,
Settlement price ,
Spot price ,
Second-to-die insurance ,
Stock exchange ,
Subscription price ,
Statute of Limitations ,
Sale and leaseback ,
Satisfaction of debt ,
Staggered board of directors ,
Selling the spread ,
Short leg ,
Special use property ,
Share price ,
Split-adjusted price ,
Selling short against the box ,
Shorting against the box ,
Swing trade ,
S Corporation ,
Short-term gain or loss ,
Subchapter M ,
Subchapter S Corporation ,
Scale order ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Seek a market ,
Small investor ,
Sophisticated investor ,
S&P phenomenon ,
Stop and reverse ,
Stopped out ,
Transaction ,
T-Bill ,
Term to maturity ,
Trade ,
Take a position ,
Time order ,
Trailing P/E ,
Trade barrier ,
Trade deficit ,
Trade surplus ,
Trade house ,
Tenancy by the entirety ,
Truth in Lending ,
The Street ,
Timing the market ,
Taxable event ,
Taxpayer Relief Act of 1997 ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Top out ,
Take a bath ,
Target price ,
Trade date ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Uniform Securities Act ,
Unit of trade ,
Unit of trading ,
With interest ,
Williams Act ,
Wage price spiral ,
World Trade Organization ,
Waiver of premium ,
Widow-and-orphan stock ,
W-2 Form ,
W formation ,
When, as, and if issued ,
X or XD ,
Year-To-Date ,
Yield to call ,
Yield to maturity ,
Yield to worst ,
Y shares