RE: We nearly.....9 Jan 2020 12:05
Hi WH4, i've done my google research: so maybe you can confirm if I have understood correctly? a mid day action for oversized orders takes place outside of SETS matching so this does not impact the B/O spread for usual sized trades - but surely the market makers participate in the auction so clearly they would then adjust the retail book price accordingly? or is there some sort of Chinese wall in place to hide these larger orders ? If i've got this all wrong can anyone give me a paragraph on how this works, be grateful ?