Its a "T" Trade, someone that holds shares that ca
Post# of 17862
Posted On: 04/08/2014 4:49:56 PM
Its a "T" Trade, someone that holds shares that can cash them in at .0001
Look at Type first:
http://ih.advfn.com/p.php?pid=help&hid=1835
Then click on "Trade Type Indicator" and scroll down to "T"
'T' If reporting a single protected transaction.
A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction, the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction. However, the market as a whole isn't told until the end, thus the order is protected.
We will most likely see it added to the 3's tomorrow or dumped at 2 sometime during the day.... not that big a deal... if we see a lot of them then yes that could become an issue
Look at Type first:
http://ih.advfn.com/p.php?pid=help&hid=1835
Then click on "Trade Type Indicator" and scroll down to "T"
'T' If reporting a single protected transaction.
A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction, the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction. However, the market as a whole isn't told until the end, thus the order is protected.
We will most likely see it added to the 3's tomorrow or dumped at 2 sometime during the day.... not that big a deal... if we see a lot of them then yes that could become an issue
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