UCL 0.00% 30.0¢ ucl resources limited

XT are usually just normal trades that happen to involve 2...

  1. 9,311 Posts.
    lightbulb Created with Sketch. 1120
    XT are usually just normal trades that happen to involve 2 clients of the one broker. It doesn't require your involvement in the arrangement. Eg I'm with commsec, I place a sell order for xyz, if they've got someone ready to buy at that price they can fill it and that's a cross trade. My understanding is that it can also be on normal market trades, eg John selling xyz at 1 cent, I see the price like it and take it, we're both using the same broker so it's a cross trade. It's not market manipulation.
 
watchlist Created with Sketch. Add UCL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.