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X or cross trade

• Is a transaction that is not exposed to the public by outcry or usual trading practices. This type of trade is permissible provided it is done in accordance with the rules and regulations of the particular exchange and other regulatory organizations. The letter X can indicate this type of transaction on a ticker tape. It may be also used on a ticket or blotter. See the related Ex-Pit and Exchange for Physicals.

 
 

Follow this link for all the terms related to trade.

 
 Embedded terms in definition
 Blotter
Exchange for physicals
Exchange
Outcry
Ticket
Trade
Trading
Type
X
 
 Related Terms
 

<< X Y2k >>

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