crossing session

(redirected from Crossing Sessions)

Crossing Session

The time during which the buyers and sellers of securities match orders so the least amount of cash or number of securities actually needs to change hands. This occurs after a trading session on an exchange. See also: Clearing house.

crossing session

A period after the close of regular trading during which buyers and sellers may match orders.
References in periodicals archive ?
A block trading system, VIANET provides for direct access, continuous order matching, timed crossing sessions, initiation of auctions and the ability to electronically search for hidden liquidity in the marketplace.
In 1989, Pastina became managing director of the Equity Business Development team and developed and introduced the NYSE Crossing Sessions.
Additionally, volumes matched in any of NYSE's Crossing Sessions are included in all calculations.
has added Wofex as an order destination partner, allowing a single order from users of Neovest's institutional trading system to participate in Wofex's continuous market and hourly NBBO midpoint crossing sessions.
This brings the total number of POSIT intra-day crossing sessions to seven, occurring at 9:45, 10:15, 11:00, 12:00, 1:00, 2:00 and 3:00 Eastern Time.
ITG's POSIT system allows users to confidentially find natural buyers and sellers of equity securities during six crossing sessions each market day.
The total of these shares is divided by the sum of shares bought, sold and sold short on the NYSE including its crossing sessions.
A block trading system, VIANET provides for unique direct access, continuous order matching, timed crossing sessions, initiation of auctions and the ability to electronically search for hidden liquidity.