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Cross trading
Offsetting or noncompetitive match of the buy order of one customer against the sell order of another, a practise that is permissible only when executed in accordance with the Commodity Exchange Act, CFTC regulations, and rules of the contract market.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Commodity exchange
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- Acronym-Abbreviation:
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