(Total Views: 418)
Posted On: 02/04/2021 5:26:08 PM
Post# of 153880
I'll continue to suggest some "t-trades" are really VWAP (volume weighted average price) deals:
A trader takes an order in the morning from an investor to "buy X shares at VWAP +/- spread," buys them at the best prices he can during the day, and hopefully pockets an excess.
Post-close, we see the transfer of those shares at the calculated price (can't calculate VWAP until post close) to their true buyer.
More often, this suggests accumulation of a share position, but Streeterville (?) could use it to dispose of shares as well.
A trader takes an order in the morning from an investor to "buy X shares at VWAP +/- spread," buys them at the best prices he can during the day, and hopefully pockets an excess.
Post-close, we see the transfer of those shares at the calculated price (can't calculate VWAP until post close) to their true buyer.
More often, this suggests accumulation of a share position, but Streeterville (?) could use it to dispose of shares as well.
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