A crossing network matches buy and sell orders at a price taken from elsewhere (the lit midpoint, a closing price, a benchmark), without price discovery of its own, either continuously or at scheduled times.
Quantitative Finance · Glossaire
Quantitative Finance · Glossaire
A crossing network matches buy and sell orders at a price taken from elsewhere (the lit midpoint, a closing price, a benchmark), without price discovery of its own, either continuously or at scheduled times.