I mean, ultimately, it's all semantics, isn't it. Does it really matter what's going on in the markets. Our Tech is going to be that disruptive who on this earth is not going to use it? |
Of course.
In illiquid markets you can’t show your size, so have to work over a long period of time, or you trade with MM.
Often the MM will take the trade on risk, and then try to offload it over a few days to make a profit.
That’s how AIM market making stocks work.
So if a client gives me a Sell order in let’s say 1 million Blackbird, and the screen is 7/7.5 a MM might bid me 6.5 for the lot on his risk book.
So if client happy to sell at 6.5p, now the MM has to sell them at a higher price to make a profit.
So he might spend days trying to offload it, and that’s why it’s all cloak and daggers, as he doesn’t want anyone to know his position.
Because if price drops below 6.5 and he’s still long, he’s fkd. |
I'm sure you do. The question is, should it be allowed? |
Chris.
Why is it distorting the market.
It’s nothing out of the ordinary.
I often have large orders that are worked over a few days or weeks for clients that we warehouse until completed, to save on individual transaction costs.
If we don’t warehouse them we have to book partials everyday and they get charged per transaction.
If we warehouse them until order completed they get charged only once.
Client will give us a limit and we execute at our descretion until completed. |
Two large Buys at 7.5p traded as well. |
1M share transaction reported 2 days later is clearly distorting the market for BIRD but the LSE do nothing. It looks like a statutory rule book is needed with criminal penalties like the US. |
Course it is. |
So would that 1m trade at 7.00 be a sell? |
50k users?
Sounding bullish for a change, b?
Time to break out a Warrant track? |
Thanks NickB. I just wondered! |
Great podcast, totally agree with them. |
Im not aware of any connection, I think they are just using Vimeo for streaming rather than YouTube.
Of course we might be talking to them as a partner but that's speculation! |
Regarding my question about Vimeo, before the podcast started, under the image there was the horizontal line which had the timeline for the presentation and then to the right of that there was a volume symbol, then a settings symbol then a full screeen symbol then the word Vimeo, and then the elevate logo.
So what is the connection with Vimeo?
I just watched the beginning of the podcast again and the Vimeo name has been removed. |
So probably 50,000 emails just sent.. Nice. |
There is no way it is 20k - nearer 50k imho. |
I'm not aware there is any connection unless longer standing people can say otherwise? |
Can anyone please explain the connection between Vimeo and elevate.io |
Just reading back..
Seems the NO BIRDers are coming out.
If You don't understand a BULL FLAG then I cannot help..
#notgettingmybird
#BWTFDIK
#SSB |
Tens of thousands?
So we are at least 20k now
Probably 30k+
When will we get our 100k announcement?
HCBF? |
10’s of thousands using elevate.io, in over 100 countries.
Whoooooossssh!!! |
Sumit for president!
Great vid. |
It currently seems unable to type more than a single line, i.e. no line-space as far as I can see. Anyway, a great start. |
Well, blow me down. Excellent text system. Well done, boys and girls. |