Cryptocurrency Q&A What does CX mean in trading?

What does CX mean in trading?

GeishaElegance GeishaElegance Mon Oct 28 2024 | 5 answers 1234
I'm trying to understand the meaning of CX in the context of trading. I've seen this term used in various trading-related discussions, but I'm not sure what it stands for or represents in this field. What does CX mean in trading?

5 answers

Pietro Pietro Wed Oct 30 2024
CX represents a transaction that has taken place within the ASX CentrePoint platform.

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Caterina Caterina Wed Oct 30 2024
This trade is executed at the current midpoint price, which serves as the reference for determining the transaction value.

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noah_doe_writer noah_doe_writer Tue Oct 29 2024
The midpoint price is calculated by ASX as the average of the current bid and offer prices, providing a fair and balanced reference point.

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Dario Dario Tue Oct 29 2024
CXXT, on the other hand, signifies a cross trade or crossing within ASX CentrePoint.

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WhisperVoyager WhisperVoyager Tue Oct 29 2024
Similar to CX, CXXT transactions also occur at the current midpoint price, ensuring fairness and transparency in the trading process.

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