RE: Market manipulation?9 Mar 2021 14:30
Mm’s work the spread to their advantage to fill orders, that’s their business and when SPs like loops get in this right range the spread is how it’s done. At market close the spread tightens to reflect the lack of float. It’s part manipulative and part SOP but when you see it day in and day out it’s down to accumulation (if the SP is not seeing downward momentum) as the order book has nothing lower