crossing session

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 ?
Initially, POSIT-FRA will run one crossing session each day after the close of the Eurodollar futures market.
The "Power Match" is a new midday crossing session exclusively for block trades over 10,000 shares.
Crossing Session I, for individual stock orders, recorded a total volume of 19.
NYSE: ITG), a leading provider of technology-based trading services and transaction research, today announced the launch of its first continuous pre-market open crossing session.
JapanCross aims to improve the liquidity available to all clients by striving to increase the number of participants in each anonymous crossing session.
The total of these shares is divided by the sum of shares bought, sold and sold short on the NYSE including its crossing sessions.
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.
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.
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.