Not necessarily, cross trade just means both parties are using the same broker (who matches the order off market) so most likely a client of one broker making a transaction with the client of the same broker.
If you sold shares and I bought them and we both happen to be commsec clients then CBA would do a cross trade
Happens quite often, it'a more profitable for the broker to do it like that as it removes the exchange fees
Not necessarily, cross trade just means both parties are using...
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $103.1M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 46.0¢ | $35.74K | 76.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45328 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 28489 | 2 |
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| Last trade - 15.55pm 02/08/2024 (20 minute delay) ? |
| RCE (ASX) Chart |