- cross-trading ˈcross-ˌtrading also crosstrading noun [uncountable] FINANCEwhen currency dealers in one country buy or sell the currency of a second country in exchange for the currency of a third country:
• The dollar also benefited against the euro by selling euros for yen in cross-trading.
* * *cross-trading UK US noun [U]► FINANCE the act of buying the money of a foreign country with the money of another foreign country► FINANCE the act buying the money of one country with the money of another country without using the US dollar as a base currency► STOCK MARKET the act of matching a buy order of a stock with a sell order without officially recording the sale on a stock exchange
Financial and business terms. 2012.
Look at other dictionaries:
cross trading — Matching of the buying order of one customer against the selling order of another, a practice that is permissible only when executed as required by CME Rule 533, CFTC Regulations and CME Rulebook. Chicago Mercantile Exchange Glossary … Financial and business terms
Trading — Buying and selling securities. The New York Times Financial Glossary * * * trading trad‧ing [ˈtreɪdɪŋ] noun [uncountable] 1. COMMERCE the activity of operating as a business and buying and selling goods and services: • national policy on industry … Financial and business terms
trading — (1) The activity of buying and selling financial instruments or commodities for profit. Individuals or entities may engage in trading either strictly on their own behalf or for current or future transactions with customers. Trading profits may… … Financial and business terms
cross trade — /ˈkrɒs treɪd/ (say kros trayd) noun 1. Shipping international sea transport performed by a vessel registered in a country that is neither the country of embarkation or loading nor the country of disembarkation or unloading. 2. Finance a trade in… … Australian English dictionary
Cross listing — of one company on multiple exchanges should not be confused with dual listed companies, where two distinct companies with separate stocks listed on different exchanges function as one company. Cross listing of shares is when a firm lists its… … Wikipedia
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Cross Fire (jeu vidéo) — Pour les articles homonymes, voir Cross Fire. Cross Fire Éditeur Kyugo Trading Développeur Kyugo Trading Date de sortie 1991 … Wikipédia en Français