What Does Cross Mean in Trading? 4 Meanings
In trading, cross means four things: the opening and closing cross auctions, a broker's cross trade, a crossed market, and chart crosses. Here is each one.
#crossed market
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Locked and Crossed Markets, Explained With Data
A locked market quotes the bid equal to the ask; a crossed market quotes the bid above it. See why Reg NMS bans both and how often each hits the tape.