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What is a "Favourable" Cross Trade XT and why would anyone or...

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    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.
    Last edited by ipv6ready: 17/03/23
 
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