Serious shadow play...
Today, BRITANNIA was having a constant order flow (as the Market depth showed) of roughly 40k buy quantity and 40k sell quantity. At any time, between 9:15 -3:15, each was swinging between 39000-43000.
However, the total volume transacted till 1:30 was only about 80000.
With a constant flow of orders totalling 80k for about 4:15 hours, the number of effective transactions was only 80000!. The day's total is 113000.
This means most of those orders were not meant to be executed. Who was eager to buy or sell anyway? Ordinary traders like you and me.
Are these real orders at all?
Please share your thoughts.
Today, BRITANNIA was having a constant order flow (as the Market depth showed) of roughly 40k buy quantity and 40k sell quantity. At any time, between 9:15 -3:15, each was swinging between 39000-43000.
However, the total volume transacted till 1:30 was only about 80000.
With a constant flow of orders totalling 80k for about 4:15 hours, the number of effective transactions was only 80000!. The day's total is 113000.
This means most of those orders were not meant to be executed. Who was eager to buy or sell anyway? Ordinary traders like you and me.
Are these real orders at all?
Please share your thoughts.