FMG 2.15% $18.49 fortescue ltd

Iron ore price, page-13407

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    What Is a Cross Trade?

    A cross trade is a practice where buy and sell orders for the same asset are offset without recording the trade on the exchange. It is an activity that is not permitted on most major exchanges.

    A cross trade also occurs legitimately when a broker executes matched buy and a sell orders for the same security across different client accounts and reports them on an exchange. For example, if one client wants to sell and another wants to buy, the broker could match those two orders without sending the orders to disallowed to be filled but filling them as a cross trade and then reporting the transactions after the fact but in a timely manner and time-stamped with the time and price of the cross. These types of cross trades must also be executed at a price that corresponds to the prevailing market price at the time.

    https://www.investopedia.com/terms/c/crosstrade.asp
    Now I know what a Cross Trade is.
    It could be a transfer / sale from a brokers customers personal account into his super fund or something like that.
 
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Last
$18.49
Change
0.390(2.15%)
Mkt cap ! $56.93B
Open High Low Value Volume
$18.32 $18.62 $17.94 $159.1M 8.651M

Buyers (Bids)

No. Vol. Price($)
2 150 $18.46
 

Sellers (Offers)

Price($) Vol. No.
$18.50 4305 5
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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