RE: Where is the news6 Apr 2020 12:36
Hi Andino.. It is hard to say but the past fewm weeks on live pricing there have been cluster trades late reported which, in my veiw at least allows the MMs to maintian the bid price to acheive the sellers ideal sell price throughout the trading session. I have noticed they raise the offer price a lot and widen the spread in this way to try to attract buyers whilst mataining the margin for the sellers. Over the past month of so, until a couple ofweeks ago there have been large sellers as we know off loading at almost any price but recently this has been more stage managed and MMs are reporting trades maybe an hour or so after after the trade time, which in these volumes is deliberate not system related.. I could be wrong but i dont think I am, they use the same in reverse for taking the price down slowly.... I thin the wy the book is being run is a disgrace and have thought that for three months now :(