Broker crossing network and Cash book: Difference between pages

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imported>Doug Williamson
(Create the page. Source: EC Europa Glossary: http://ec.europa.eu/internal_market/securities/docs/glossary_en.pdf)
 
imported>Doug Williamson
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A system operated by an investment firm which matches client order flow internally.
''Accounting''.   
   
Some systems match client orders only with other client orders.


Others, depending on the client instructions or permission, may also provide matching between client orders and in-house orders of the investment firm itself.
The cash book will encompass any transaction which affects the bank account.
 
 
Broker crossing networks do not show an order book.




== See also ==
== See also ==
*[[Dark pool]]
* [[Purchase day book]]
*[[Systematic internaliser]]
* [[Sales day book]]


[[Category:Equity]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Regulation_and_Law]]
[[Category:FX_Risk]]

Revision as of 10:12, 22 February 2018

Accounting.

The cash book will encompass any transaction which affects the bank account.


See also