UCL 0.00% 30.0¢ ucl resources limited

being quietly accumulated now, page-8

  1. 621 Posts.
    Without going into what a cross trade is,,, I'll re phrase what I am thinking,,,,here's a scenario

    If broker x knows something (buy the rumour, etc) they can "push" (advise)the buy ABC to client base Y and "push" the sell ABC to client base Z.

    Thus we see the broker "favouring his client base Y,,, ie this could be the clients that generate him/her the most income and client base Z could be the "bunnies or cannon fodder" to achieve the churn of shares that the broker needs.
 
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