Capital Markets · Sales & Trading
Indicative Cross Size
This question asks what the indicative cross size means in a market auction or closing cross setting.
Interview question
- Difficulty
- Easy
- Topic
- Capital Markets
- Subtopic
- Sales & Trading
What this question trains
This problem tests your understanding of how opening and closing auction mechanics work in sales and trading. A candidate needs to know how buy and sell interest is matched at a given price, what the cross size represents, and how that information helps the market gauge liquidity and the price level where the most shares can trade. Interviewers ask this because auction concepts are common in capital markets and reflect how traders think about order flow, price discovery, and execution quality.