"T-trades" very common when trading firms cover an
Post# of 5949
Posted On: 07/28/2014 6:00:39 PM
Re: birdys3333 #3388
"T-trades" very common when trading firms cover and/or reload in the opposite direction.
They get trapped and want to keep this off the radar. Large volume and large share buys attracts more buyers, and if MM's are trying to cover, the last thing they want is to show the added volume during the trading day, especially if they have more covering to do...and based on the number of of 4's on the bid, there's more covering headed our way. MM's have to make money too...
They get trapped and want to keep this off the radar. Large volume and large share buys attracts more buyers, and if MM's are trying to cover, the last thing they want is to show the added volume during the trading day, especially if they have more covering to do...and based on the number of of 4's on the bid, there's more covering headed our way. MM's have to make money too...
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