Stock market crossing definition

Stock market crossing definition

Posted: AlexDFN Date: 11.07.2017

A cross trade occurs when a broker executes an order to buy and sell the same security at the same time, in which both the buyer and seller are clients of the broker.

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A Cross Trade is represented by XT in the course of sales. If your order has been cross traded you will be able to view this on your confirmation contract note where it will be stated as 'Crossed Trade'. Feedback provided here will not be responded to. If you require a response, please use the contact us form. Yes, you can have your Confirmation Contract Notes delivered via post or email.

If you change your bank details with us all share transactions will settle through your new nominated bank account.

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This account must be in the exact same name as your trading account. Once you activate your account for the Dividend Direction Service , your bank account details will automatically be sent to the relevant Share Registry each time you purchase securities Phone Trader is CommSec's fast and intuitive self-service phone trading system.

What is Crossing? definition and meaning

You can use Phone Trader for everything from quick quotes and placing trades to reviewing your watchlist, orders and portfolio If you have recently purchased shares and they are not appearing in your portfolio, please check the following. This site is directed and available to and for the benefit of Australian residents only.

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Answers others found helpful. Can I receive a paper Confirmation Contract Note for my trades? How do I change my linked bank account?

stock market crossing definition

Do I need to do anything when I purchase additional shares if I have elected to have the Dividend Direction Service? What is Phone Trader? Why can't I see recently purchased shares in my portfolio?

Free stock market Essays and Papers

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