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.
5 answers
Pietro
Wed Oct 30 2024
CX represents a transaction that has taken place within the ASX CentrePoint platform.
Caterina
Wed Oct 30 2024
This trade is executed at the current midpoint price, which serves as the reference for determining the transaction value.
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.
Dario
Tue Oct 29 2024
CXXT, on the other hand, signifies a cross trade or crossing within ASX CentrePoint.
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.