MOONEY25 Feb 2014 18:17
http://www.digitallook.com list the top 50 trades..largest size. Of the 50 apart from UT and one unknown, 5 were O trades, NT..(Shorts/longs) 9 trades, the rest being AT..automatic.or NT
09:57 ..976.44p ....2,000 ...£19,529 .....Buy ..O
15:15.. 956.34p .....2,287 ...£21,872 ....Buy ..O
15:55 ..961.38p ....1,913 ...£18,391 .....Buy.. O
16:05.. 968.88p ...10,000... £96,888 ....Buy.. O
The trade time 1605 hrs was slap bang in the middle when the SP on either side of the time was 965 - 964. There is a premium to pay if above market size (2000) is being traded. The buyer needs a minimum of 9.7397
to break even...thereafter every penny rise throws the buyer a £100 profit. At the moment the buyer at closing was down £747.44 of which £484.44 was stamp duty.
I'd imagine that anyone playing that kind of money has an idea of what they are about, so on the basis of that and 3 other trades I saw...I'm rooting for a reasonable rise tomorrow.....975 and northwards. See what opening is like.