A crossing network that only crosses block orders (institutional sized blocks, i.e., large institutional orders such as 10,000 shares). Retail...
A crossing network that belongs to a broker/ dealer which also privately operates it. Examples include investment banks, brokerages, universal...
A crossing network that links with the broadest range of existing dark pools, directing flows of orders to platforms which...
A crossing network that is wholly or mostly owned by a stock exchange. By owning its crossing network, an exchange...
A crossing network (CN) that combines firm and negotiated orders in the pool. In other words, it has the features...
The market liquidity that is created by means of off-exchange trading such as upstairs markets and electronic trading platforms- i.e.,...
A crossing network that only crosses block orders (institutional sized blocks, i.e., large institutional orders such as 10,000 shares). Retail...
A source of market liquidity that is created through dark pools (dark liquidity pools) or black pools (black liquidity pools)....
A type of gaming in which a trader (known as the gamer) executes small orders to manipulate the public exchange mid-quote that a crossing network uses to get a...