Nutra Pharma Corp (NPHC)

[RSI38]

Here some info for Ya

A cross trade is an investment strategy where a single broker executes an order to buy and an order to sell the same security at the same time. This often involves a seller and a buyer who are both clients of the same broker, although the cross trade strategy can involve one investor who is not a regular client of the broker. Depending on the regulations that govern the stock exchange where the securities are traded, this type of trading may not be allowed. Even in settings where the cross trade is considered an acceptable practice, there are usually some limitations on its use.

One of the issues that many financial experts have with the cross trade is that the broker may choose to not make the trades on the exchange. Instead, the broker may use the order to buy to offset the order to sell, effectively creating an exchange between the two clients. This opens the door for one or both parties to not receive the best price for either portion of the dual transaction, a fact that causes many investors and brokerage houses to refrain from engaging in this type of activity.