RE: Late reported trades11 Aug 2021 23:30
No offence, but this has always been the case.
Feb 2021 20:03
So many boards are full of incorrect comments regarding late trades.
The buy/sell indicator is often wrong on this, and other sites.
When the trade comes through, the site just compares the trade price to the bid and offer on the site at that moment.
If the trade price is above the mid price, LSE will mark it as a purchase.
If there was a sudden slump in the price towards the end of the day, virtually all the late reported trades would be marked as purchases.
If the price went up at the end, all of the late trades would be marked as sales.
Obviously, if these really were all sales, I reckon the SP would have gone down, not up.
Most late reports will be phone trades between MMs and institutional investors. They have to be manually booked by the MM and therefore can be minutes to hours late.
All our retail trades are booked over the RSP network and so they are printed automatically and on time