cross trade

I've been asked to provide an updated list on who is authorized to cross trade what commodities/products.

Dealers said the cross trade may reflect either the transfer of a position from one long to another or alternatively book squaring.

That business, known to shippers as the "cross trades," would not have been covered by the cargo sharing proposal.

The cross trades allegedly inflated the value of the stocks and the hedge funds's valuation by $200m.

A number of plan sponsors said they would begin such "cross trades" or would increase their existing programs, participants at the meeting said.

By crossing trades the situation created “is one where there’s price competition,” says Mr Hamill.

Additionally, it will not be necessary to denote a "Y" for cross trades that require the recordation of a differential.

Where it crosses Trade.

In London, dealers said volume there was boosted by a large cross trade of 13,546 lots on September/December at five pounds.

It is based on the principles of freedom to provide maritime transport services, free access to cargoes, cross trades and auxiliary services.

Goldman Sachs has launched its own platform, called GSessions, which will also allow customers to cross trades.

Note: The clearing information related to a short code that is data entered by the Exchange will only apply to the sell portion of the cross trade.

About half the EU shipping activity took place (2012) outside the EU in cross trades.

The scheme, which aims to facilitate individual investors ability to cross trade Hong Kong and Shanghai stocks, has started since November 2014.

A similar mandate was proposed for "crossed trades," which take place when one dealer offers to buy a stock for more than another is willing to sell it.

The other was the unwinding of an uncommonly large amount of "cross trades" involving sterling, the West German mark and the Japanese yen.

Western Cartridge Company used the Maltese cross trade mark until replacing it with a diamond trade mark during World War I.

Ashraf Laidi, chief market strategist for CMC Markets, notes that yen-dollar cross trades are continuing a gradual recovery.

One key spending project, to allow BlackRock's managers and customers to cross trades on a private network known as a dark pool, is expected to begin operations later this year.

Asda, which appears to have been the subject of an extraordinary - but unsuccessful - ramp on Tuesday, edged on to 31 after a huge 10m share cross trade between brokers.

The platform will look to cross trades for its customers in scheduled trading sessions through the day and promises to deliver narrower spreads than those available outside the network, according to a spokesman.

He said the currency settlement for cross trades would follow “home settlement rules”, so that, for example, the Malaysian ringgit would be used if trades were settled in Malaysia.

Yusli Mohamed Yusoff, chief executive of the Malaysian stock exchange, told the Financial Times in September that currency settlement for cross trades would follow “home settlement rules”.

She said Australian execution fees could come down by around 60 percent for brokers that handle large crossing trades but do not currently qualify for the ASX's large-volume fee rebates. '

The sterling-mark or yen-mark cross trades have been favored by foreign exchange traders, especially those in the Middle East who tend to keep such positions for relatively long periods, rather than trade them on a day-to-day basis.