Help with large trader

[Straitjacket]

BTW - just to follow up on this. I investigated the large block orders. They are all dark-pool fills.

I'm unsure what to make of it.

PS - I don't think it takes billions to push a large cap. Seems to me 10's of millions would be enough at the right times.

 

[JoeyLowe]

Algorithm could detect your a legitimate buy order at the limit and just keep walking up.

You’ll see mm algos hit your bid for a share or some odd lot just to make sure your real. Detect your orders real, they have the beautiful access of darkpools and buying retail orders and just lean on your order if they need to offset their book.

Your a human, theirs lots of market making algorithms out there. The days of human market making are long gone.

Way too much harsh truth in this!

 

[destriero]

If he comes in with a giant order, the price seems to walk up very significantly tick by tick for a while after with almost no volume (I'm assuming it's the MMs' algorithms).

Why does this happen - is there some mechanism I'm not understanding? Bots looking/sniffing for liquidity or small real purchases?

What do you consider a giant order (no ticker, price and size of spot)??

 

[Straitjacket]

What do you consider a giant order (no ticker, price and size of spot)??

For example, BX @ 100K or more shares in one block trade through a dark pool. If that flips a few times, it's a significant % of adv.