measuring insitutional "hits" and "takes"

W

windward

I'm trying to find a way to measure the quantity of "insitutional hits"

Institutional Hits defined as a block 10,000 shares or more trading on the bid (listed)

Institutional Take defined as a block 10000 shares+ trading on the offer(listed)

I'm also looking to measure the amount of times the stock went plus tick bid and/or offered on a minus

If anyone has any idea on how/where to start to measure that or plot it on a EMA- I'd be very appreciative
 
Quote from windward:

I'm trying to find a way to measure the quantity of "insitutional hits"

Institutional Hits defined as a block 10,000 shares or more trading on the bid (listed)

Institutional Take defined as a block 10000 shares+ trading on the offer(listed)

I'm also looking to measure the amount of times the stock went plus tick bid and/or offered on a minus

If anyone has any idea on how/where to start to measure that or plot it on a EMA- I'd be very appreciative
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That would be a useful indicator! Theoretically it's possible but I haven't heard of anyone offering it as a study.
 
The majority of the real orders are broken up, aren't they? 10k shares isn't a LOT compared to the 100k+ orders that are broken up into 100+ seperate orders, and when these start hitting the market is when the real movement occurs.
 
Quote from windward:

I'm trying to find a way to measure the quantity of "insitutional hits"

Institutional Hits defined as a block 10,000 shares or more trading on the bid (listed)

Institutional Take defined as a block 10000 shares+ trading on the offer(listed)

I'm also looking to measure the amount of times the stock went plus tick bid and/or offered on a minus

If anyone has any idea on how/where to start to measure that or plot it on a EMA- I'd be very appreciative
More...

The software I use spots that activity. I trade for a hedge fund and that information is very important. It comes in the form of an alert, so I don't plot it but I know when it happens and if takes place at the bid, at the ask or in between.
I use alerts from www.trade-ideas.com you can look it up under the help section.
 
I trade by watchig the tape- my "gut" watches where blocks trade in respect to the quote. That gives me a sense what stock is trading well or not. I'm desperately trying to automate this process and would be greatful if anyone has any insight.
 
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