FT MarketWatch

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
Other Related Pages: Category: Trading Starting With: C
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