clean trade

(redirected from Clean Crosses)

Clean Trade

A trade in which a brokerage is able to match clients' buy and sell orders precisely. This is beneficial for the brokerage as it means that it does not have to find more securities or sell from its own inventory in order to fill the orders. It is also called a clean cross.

clean trade

A security transaction by a broker that exactly matches customer buy and sell orders. Thus, the broker does not find it necessary either to acquire securities or to sell from inventory in order to complete the transaction. Also called clean cross.