Agency Cross
A trade that has only one agent acting for the buyer and seller.

Also known as Dual Agency.

Investopedia Says:
Agency crosses occur when a broker receives perfectly offsetting trades simultaneously. The broker must send down the orders to the trading floor, announce the bid and manually cross the trades after no better bid is made.

Related Terms:
Agent
Broker
Cross Trade

• I
• Iceberg Order
• Ichimoku Kinko Hyo
• Identifiable Asset
• Identity Theft
• Idiosyncratic Risk
• Idle Funds
• Idle Time
• Illiquid
• Illiquid Option
• ILS
• Imbalance of Orders
• ImClone (IMCL)
• ImClone (IMCL)
• Immediate Family
• Immediate Or Cancel Order (IOC)
• Immediate Payment Annuity
• Immunization
• Impact Day
• Impact Fee
• Impaired Asset
• Impaired Credit
• Impairment
• Imperfect Market
• Implicit Cost