Filter by Categories
Accounting
Banking

Exchanges




Broker/Dealer Crossing Network


A crossing network that belongs to a broker/ dealer which also privately operates it. Examples include investment banks, brokerages, universal banks, etc. These firms commingle properietary flows with client flows captured by the sponsoring institution. Initially, they receive orders electronically, use algorithms to determine best ways of execution, in accordance with a client‘s objectives, and then pass the flow through an internal system for matching (crossing). Some networks match only client orders, while others also provide matching between external flows (client orders) and internal flows (house orders).



ABC
This section covers a wide-ranging array of terms and concepts, among others, in the area of exchanges and financial marekts at large ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*