Member Info for roleybirkin

Well a big congratulations to moneygenxyz...
Great news and I wish you every success.

vickaroo, you can traHemo on a number of platforms...
SETS is currently 8.00 to 8.40
RSP is 8.22 to 8.35
MTF's trade at middle of SETS so cross at 8.20

Rsp currently
8.02 to 8.20

Great MM commentary there ontarget...
'on the offer buying back shares'..... 'sorry, PEEL now on the bid'
One thing is for sure is you would never get a job at any MM.

ontarget, I agree a MM would likely take the buy order, but my point is he does not have to complete it if the shares are not available.
I have had countless orders left with a MM and they come back at 4.35pm saying 50,000 executed and the balance not done.

MM's will use whatever liquidity pools are available to buy the shares - That will include Prime Brokers and Derivative Houses - buying shares on a CFD (Contract for Difference) is just one avenue. There are a number.

Not sure why a MM would 'short the shares' as that would fuxk him right up as he would have sold shares to the 'buyer' and now sold more shares to a third party broker and is as short as fuxk?????
Please explain why any MM wants to go further short in any volatile stock?

ontarget, the MM's do not have to take all orders.

The MM obligations are as follows:-
1- To stand behind their quote on SETS in the agreed EMS (exchange market size) - 50,000 shares for Hemo
2- To place a live quote on the RSP (retail service provider)
3- Negotiated trading - broker (has buy order for 750,000 shares) rings MM and asks for a two way price and size. MM responds 8.9 - 9.05 in 200,000 shares. Broker says I will lift you in the 200,000 and can I leave you to work 550,000 further shares.
MM can say yes or no to the further order with no obligation to trade the balance.

That is exactly how it works.

17 delayed trades from various times on 14th July - yesterday
Total shares - 5,588,699
Based on the time of execution it is a mix of buys and sells

Examples:-
407,788 at 16.32 at 9p is a mid priced cross - 8.8 to 9.2p close hence mid
1,059,217 at 9.536 at 8.10am likely a sell as the shares raced to a high of 10.4 to 10.5 by 8.15am
Executions above 10.2p all likely buys simply as so few sales traded at this level and above

Bodes well

MM's up the price for the US open and they'll pull it down for the close.
Easy money.

Presumably oversubscribed?

There seems some confusion on how trades are reported - so here is some clarity.

VLS trades in a number of ways:-
a) on SETS (Stock Exchange Electronic Trading and part of SEAQ) which is the bid and offer shown by LSE - example 7.82 to 8.00
Any trade that lifts the bid or offer on SETS will have an A against it
b) on the RSP (Retails Service Provider) managed by IRESS having bought it from Pro-Quote
Currently 7.67 to 7.725
Most retail trades are executed on the RSP and not direct in SETS and thus the spread can be narrow
c) Negotiated between Broker and the Market Maker
Most larger orders are dealt on a negotiated basis as to not move the market price
House Broker will ring larger holders to see if they wish to sell if the order is a buy
Selling Broker has to report these trades and they generally get reported when complete or on a delayed basis.

Finally, all trades are set as a buy or sell by The London Stock Exchange who manage Trade Reporting through there service called 'TradeEcho'.
Trades to the lower side of the SETS mid-price shows as a sell
Trade at exactly the mid of the SETS mid-price show as 'unknown' as cannot be denoted as a buy or sell and
Trades at higher than mid of the SETS mid-price show as a buy
Each trade report can therefore show incorrectly.

Good to see Turquoise proving its value.
3.05m just crossed in the 11am Uncross

rsp is
4.415 bid for 300,000
4.45 offered in 200,000
Buyer around

Not sure how many shareholders made the 30 minute call today.
Good effort from Plexal and good for people to hear what it takes to start up and scale up a business.
Draper gave a good account of himself and some interesting snippets.
- Raised £16m to date
- Talked about the change in direction 17/18 I guess
- How Football Manager shook hands on a deal early days
- and advised 'keep away from social media' said in a pained way
All good - but no mention of any new publishers or games - as if I expected news.

Youngs is well underwater draft. I am surprised but perhaps not unexpected being in the drinks sector.
Good company, well managed and will come back but will take time.
As for ETX, worth buying at 12p with cash in the bank than paying 17p plus with little cash.

Tesla closed at $1433 in the after market up a further $62

you can sell 60,000 at 7.90 on seaq and they are still offered at 7.90 in 250k shares on the rsp
unusual

Seems to be a lot of shares available.
rsp
7.72 - 7.9 in 250,000 shares
seaq
7.90 bid for 60,000 - 8.20 offered in 189,991

Lets wait for the Brandshield IPO to be announced first. Fingers crossed for Q4.
IF it happens it should be well sought after, and you could certainly see a nice uptick from today's close.
Less certain about Weshop. Seems quiet on that front.

Yep. Took shares through Primary Bid. Fully allocated...
I like the company and pleased to see them buying an R&D business.