Manipulation?18 Mar 2024 22:13
I know many will just poo poo the idea of manipulation and many say the tiny trades have no effect on the sp but at 14:07:45 a whole series of tiny trades came in that pushed the ask up with no foundation for the move. In the scheme of things at this level its perhaps meaningless, but I've noticed this a lot ever since the introduction of free trading sites just a few years back. Is it a coincidence or is it just me that thinks it coincides with prices not achieving what we might consider they should do. That can be the same the opposite too. Strange thing is you can sometimes see many trades worth thousands and tens of thousands which have no effect at all. I just find it odd and would love an explanation from the mms and market regulators. When it reacts so irrationally this way it surely must make it difficult for traders, or is it they that is attempting to manipulate for bigger trades 🤔
Not sure if the table will read well but you can see the time span on the trades tab
-24 16:07:45 1.25 1,700 Sell* 21.25 O
18-Mar-24 16:07:45 1.35 370 Buy* 5.00 O
18-Mar-24 16:07:45 1.35 74,074 Buy* 1,000.00 O
18-Mar-24 16:07:45 1.35 1,256 Buy* 16.96 O
18-Mar-24 16:07:45 1.35 740 Buy* 9.99 O
18-Mar-24 16:07:45 1.25 8,333 Sell* 104.16 O
18-Mar-24 16:07:45 1.35 881 Buy* 11.89 O
18-Mar-24 16:07:45 1.35 3,800 Buy* 51.30 O
18-Mar-24 16:07:45 1.35 161 Unknown* 2.17 O
18-Mar-24 16:07:45 1.25 2,002 Sell* 25.03 O
18-Mar-24 16:07:45 1.25 2,721 Sell* 34.01 O
18-Mar-24 16:07:45 1.35 7,407 Buy* 99.99 O
18-Mar-24 16:07:45 1.35 1,000 Buy* 13.50 O
18-Mar-24 16:07:45 1.35 1,481 Buy* 19.99