LCG 0.00% 6.0¢ living cities development group limited

charlyMy spin on what a cross trade is where the broker has a...

  1. 182 Posts.
    charly

    My spin on what a cross trade is where the broker has a buyer and seller that agree on a price. Basically the broker makes a larger profit as they execute the trade without having to pay commision for the trade. I dont think a cross trade should mean a result in a price drop. unless the selling party has a remaining volume after the cross trade that they want to sell at lower price. The broker can buy,hold and sell this remaining volume at a later time. Please correct me if i am mistaken....
 
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