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Webster's New World Finance and Investment Dictionary » cross trading
cross trading
cross trading definition - finance
The
non-competitive matching of one customerÂ’s buy order with the sell order of
another customer. This practice is regulated and is permitted only when it
follows specific rules established
by the Commodity Exchange Act or the Commodity Futures Trading Commission.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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