What is a "Favourable" Cross Trade XT and why would anyone or institution play to get it.
All a XT means is that the sell and buy was matched by a the same broker.
ie NAB is the broker and one of their customers sold 10,000 and X number of customers were matched.
Neither the seller nor buyer even have to match quantity.
One NAB user could have sold 100,000 and 1 or x00 number of NAB user could have been matched showing up as numerous individual XT trades and with any NAB could not XT being listed on ASX as normal trades.
External News & Commentary, page-1785
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Last
18.0¢ |
Change
-0.015(7.69%) |
Mkt cap ! $418.6M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 17.5¢ | $1.123M | 6.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 95000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 740083 | 8 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
17.5¢ |
Change
-0.015 ( 10.9 %) |
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| Open | High | Low | Volume | ||
| 19.5¢ | 19.5¢ | 17.5¢ | 3711976 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| INR (ASX) Chart |