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Meaning of “cross-trading” in the English Dictionary

"cross-trading" in Business English

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cross-tradingnoun [U]

uk   us  
FINANCE the act of buying the money of a foreign country with the money of another foreign country
FINANCE the act buying the money of one country with the money of another country without using the US dollar as a base currency
STOCK MARKET the act of matching a buy order of a stock with a sell order without officially recording the sale on a stock exchange
(Definition of cross-trading from the Cambridge Business English Dictionary © Cambridge University Press)
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“cross-trading” in Business English

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