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.

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