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An agency cross transaction performed in the over - the - counter market occurs when a broker - dealer: A buys stock on one exchange
An agency cross transaction performed in the overthecounter market occurs when a brokerdealer:
A buys stock on one exchange and sells it on another for an immediate profit
receives an unsolicited order to buy stock
receives a sell order from a customer and the customer instructs that the proceeds be used to buy another stock
receives a buy order from one customer and a sell order from another customer on the same stock and matches the orders
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