Something strange happened twice. Once is random, twice is a trend.
I was placing an order with a broker at a major firm (stock was not tradable online) for small shares.
Very thin trading, almost nothing in this stock.
In BOTH cases, just before they SENT the order, but AFTER they 'entered' it into their system, a bid was placed just in front of my order.
The timing was perfect. The chance of both of these being a coincidence is quite small.
I'd think this was illegal to alert anyone to a pending order.
Anyone else see this happen to them. It would need to be on a slow stock, you'll never see it on an active one.
I was placing an order with a broker at a major firm (stock was not tradable online) for small shares.
Very thin trading, almost nothing in this stock.
In BOTH cases, just before they SENT the order, but AFTER they 'entered' it into their system, a bid was placed just in front of my order.
The timing was perfect. The chance of both of these being a coincidence is quite small.
I'd think this was illegal to alert anyone to a pending order.
Anyone else see this happen to them. It would need to be on a slow stock, you'll never see it on an active one.