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Cross trade does not necessarily mean it is from a broker....

  1. 479 Posts.
    lightbulb Created with Sketch. 18
    Cross trade does not necessarily mean it is from a broker. Anyone can perform a cross trade depending on the mount of shares you want to purchase.

    Correct me if i am wrong but for example, if you want to purchase 500k shares at 1.8c and there is one seller with 200k and another with 500k, this will be a cross trade as your transaction will be performed with two different sellers. Happens all the time and can be done by anyone.

    I believe it is only brokers and bots though who can sell shares at small values such as $1, to push the price up or down one pip.
 
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