RE: SMALL TRADES6 Dec 2020 09:54
get2bidnis
The Trades here are shown on, above and below the mid Level 2 Book price determined by the London SE algorithm. Sadly the L2 Book/Price generally has no relationship to live Trades. Because mms are able to buy and sell on, above and below the L2 Book price they have carte blanche to physically and visually enact and portray their own agenda. Visually as you’ve seen Trades and the impression given are rarely a true reflection of what a stock is actually doing, that is unless it’s in the mms interest to show a true Market. The mms have less control in a HF Market, but are still very much in charge.
Hopefully one day Trades will be required to be show as what they actually are, as opposed to the current deception.
Nice entry point by the way!
aimhopdyor