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To: jennifersilversun who wrote (43546)2/21/2006 3:05:13 PM
From: Claude Cormier  Respond to of 313662
 
They simply transfer form one account to another account. There can be many reasons for that I guess.

> Is it a way of establishing a trading channel for a company they're interesting in?

No. Because everybody can see these crossed trans.



To: jennifersilversun who wrote (43546)2/21/2006 3:32:05 PM
From: robnhood  Respond to of 313662
 
<<In other words, why do brokerages do these 'cross' trades?-- >>
Two different clients or accounts.



To: jennifersilversun who wrote (43546)2/21/2006 3:42:20 PM
From: Canuck Dave  Respond to of 313662
 
They often have two clients, or are buying/selling to/from a client from their own holdings.

I wouldn't worry about it. Good stocks eventually go up despite what brokerage house do on a daily basis.

CD


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