RE: Large buys20 Jul 2021 19:52
No, not a MM Manipulative tool. People need to stop thinking there is some huge conspiracy going on. If the spread printing on LSE is 7.2 -7.4 and there is demand for shares, the actual Ask could be bang on 7.4p, yet as the MM’s will need shares, the actual Bid could be 7.3p (mid price) or above. And this works the opposite way if the sellers are in charge. LSE printing these trades will have no idea of what the MM’s are actually charging for a certain amount of shares therefore will print a trade below the mid price as a sell and above it as a buy, even though you could actually be getting offered above/below the mid to sell/buy. Hope this helps to explain as a few seem to be misunderstanding how it works.