clean trade

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.
References in periodicals archive ?
The discussions that took place during the summit tackled the topics of future challenges for free zones across continents, as well as potential solutions to support clean trade in free zones and the need to form large associations encompassing all types of free zones.
We, however, advise businessmen to engage in clean trade to avoid risking arrests, heavy fines or losses," said Mr Safari.
"It was nice that it was just a clean trade, though.
He later said: "The defence trade, the defence industry, is an important industry for Britain and I want that to be a clean industry and a clean trade."
A CLEAN TRADE POLICY FRAMEWORK FOR IMPORTING STATES
The sharp end of a "Clean Trade" policy framework applies to countries where severe authoritarianism or state failure makes public accountability over resources impossible.
Disqualified Countries: A Clean Trade Act and Clean Hands Trusts
States implementing a Clean Trade framework will disengage their consumer demand from the most extreme authoritarian regimes and failed states, and encourage their trade partners to join them, with two policies: a Clean Trade Act and Clean Hands Trusts.
A Clean Trade Act will set out legal penalties for any citizen or corporation facilitating the import of natural resources from a disqualified country into the enacting jurisdiction.
Passing a Clean Trade Act will create a level playing field for all corporations operating within the jurisdiction of the implementing state.
protecting of IPR to pave way for clean trade. He called for collective efforts at the international level to fight these
Selig now employs his skills in a legitimate and clean trade, yet it still is a business and his source of livelihood.