"...cross trades are permitted in very selective situations such as when both the buyer and the seller are clients of the same asset manager. The portfolio manager can effectively “swap out” a bond or other fixed income product from one client to another and eliminate the spreads on both the bid and ask side of the trade. The broker and manager must prove a fair market price for the transaction and record the trade as a cross for proper regulatory classification."
It seems that all other cases of cross trades are not legal on most exchanges. It would also seem that since the price of ENZR is walking down that we are dealing with somebody unscrupulous. Is that a fair statement?
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