Cross Trades

Cross Trades are those transactions agreed directly between Members, between a Member and its Clients, or between a Member’s different Clients, outside the trading screens and without the intervention of MEFF, that the members involved wish to register in MEFF, for its settlement and subsequent maintenance. Once they have been registered these transactions will equate those carried out in MEFF.

These transactions must meet certain requirements in terms of price in order to be accepted by MEFF. These conditions are regulated by Circular and are supervised by MEFF.