Trades going through NXXT
An NXXT crossing is a crossing that has occurred at the current NBBO price. This type of trade typically occurs when a broker has automatically matched one of their orders with the order of another client from the same broker through the broker’s internal Crossing System. Using the ASX or Chi-X trade reporting facilities the broker is able to notify the market that a crossed trade is being executed at the current NBBO price.
National Best Bid and Offer (NBBO) is a regulation by the United States Securities and Exchange Commission that requires brokers to execute customer trades at the best available ask price when buying securities, and the best available bid price when selling securities.
If I have to take an uneducated guess based on this NXXT - I'm going to say this is kept artifically down until a bid is lobbed from overseas (canadian) traders.
ISU Price at posting:
85.5¢ Sentiment: Buy Disclosure: Held
