What Does Cross Mean in Trading? 4 Meanings
AAPL quote states in the first five minutes of June 18, 2026: normal, locked, crossedranking ·
2026-09-28 · 3×4
AAPL average volume by clock minute, June 2026: the two cross minutes vs ordinary onesseries ·
2026-09-28 · 7×4
Equities condition codes that mark a cross, an opening, a closing, or an official printtable ·
2026-09-28 · 13×5
AAPL quote states in the first five minutes of June 18, 2026: normal, locked, crossed
AAPL quote states in the first five minutes of June 18, 2026: normal, locked, crossed
| quote_state | quotes | share_pct | all_quotes_thousands |
|---|---|---|---|
| normal (bid below ask) | 38410 | 99.595 | 38.6 |
| locked (bid equals ask) | 102 | 0.264 | 38.6 |
| crossed (bid above ask) | 54 | 0.14 | 38.6 |
the exact SQL behind every number
SELECT
multiIf(bid_price > ask_price, 'crossed (bid above ask)',
bid_price = ask_price, 'locked (bid equals ask)',
'normal (bid below ask)') AS quote_state,
count() AS quotes,
round(100 * count() / sum(count()) OVER (), 3) AS share_pct,
round(sum(count()) OVER () / 1000, 1) AS all_quotes_thousands
FROM global_markets.cache_stocks_quotes
WHERE ticker = 'AAPL'
AND sip_timestamp >= toDateTime('2026-06-18 13:30:00', 'UTC')
AND sip_timestamp < toDateTime('2026-06-18 13:35:00', 'UTC')
AND bid_price > 0
AND ask_price > 0
GROUP BY quote_state
ORDER BY quotes DESC
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