Crossings/Special Crossings are designed to facilitate the...

Crossings/Special Crossings are designed to facilitate the smooth transition of shares between sellers and buyers. Sometimes, life throws curveballs, and investors find themselves needing to sell their shares promptly. In such instances, a well-managed crossing through a broker can efficiently match these sellers with eager buyers, ensuring a seamless exchange of ownership without causing undue disruption to the market.

What's important to note is that these crossings aren't some ominous signal or harbinger of bad news. Rather, they're a practical aspect of stock trading that helps maintain liquidity and efficiency in the market. Instead of slowly releasing shares into the market and potentially causing unnecessary volatility, crossings allow for a more orderly transfer of ownership.

There have been numerous crossings on EMV over the past few years, and this latest one is no exception. In fact, across the ASX as a whole, there are hundreds, if not thousands, of crossings every week. So, why is this particular crossing raising eyebrows?

So, while the frequency of crossings might raise eyebrows, it's crucial to understand their purpose and context. They're simply part and parcel of the intricate tapestry that is stock trading, serving a vital role in maintaining market fluidity.