Northcoders Share Discussion Threads

[dvda] 15/4/2002 21:02

The last two digits show the year.

Do I win a prize?

[limpsfield chartist] 15/4/2002 21:00

Paulismyname

People worry far,far,far too much about individual trades and the different bits of minutae associated with them. Personally I am never really sure what the basic stuff is like an "AT", or "O" trade and it hasn't done me any harm I don't think.

IMO it is a complete waste of time and effort. If one was to find out all this info, what can actually be deduced from it? If it was a hedge fund selling short then someone was buying. If it was a fund manager buying then someone sold them to him. It does not matter.

The trade happens, the price moves, another trade happens, etc. Don't worry about it would be my advice.

[paulismyname] 15/4/2002 20:55

Sorry Bullshare but this is one the the occasions when typing rather than verbally asking a question can cause a misundertanding. I was trying to cut/paste and space the trade information at the top of the thread when you replied simaltanisionly. No offence taken on my part.

But IMHO it cannot be random otherwise whats the point of the code number. It identifies the trade, thats on the ADVFN site. If it identifies the trade it must surely identify the source, thats only logical

[dailos] 15/4/2002 20:51

Paulismyname.
I echo Bullshares expanation, no hidden info can be gained from these numbers.

[bullshare] 15/4/2002 20:34

Paulismyname: I am sorry but i am not playing this game. You asked a 2 line question which I answer. You then change your question completely by editing and adding 3 large paragraphs and making my answer puerile. I have therefore edited my post.

FYOR its is completely random, no codes , no MM''s etc.

[paulismyname] 15/4/2002 20:04

Yes thanks for that link martini, it does express precisely my question, which has not been answered........................................

If it was possible to decipher the code I would be able to identify the broker and possibly the MM. Using other publicly available information sources I would then be able to make an educated guess as to if it was a private or institional trade. If it was an institional trade again I may be able to discover if it was a standard unit trust, managed fund type buy/sell, or if it was a hedge fund :) Do you now see my point

[martini] 15/4/2002 19:50

Paul
Thought this had come up before.
Try this thread.
M

[paulismyname] 15/4/2002 19:35

bullshare read it again, and martini yes before you edited your reply I am aware it may be a primary number binary code

[martini] 15/4/2002 19:35

M
Ooops sorry edited it out so no one can see.
Sorry
M

PS
Sorry Paul for messing up your thread

[bullshare] 15/4/2002 19:33

Martiniu; sssssh!!!

[paulismyname] 15/4/2002 19:20

Num. Code Price Size Type C T Bid Offer Time Buy Sell ? Buy % T.Buy T.Sell

314 000JOSIJO2

Above is a partial cut and paste section of the trade page/tab on this site, the individual trade in the stock is not of importance to me as I have no position in this ticker.

I have a question to ask about the CODE. According to ADVFN this is a UNIQUE number that identifies the trade in question, it emminates from the trade (not ADVFN) and is reported to the markets.

It has occured to me that this CODE must have within it three peices of information, that is the MM or RSP placing the trade, a client account tag, and maybe a tag indicating the sets MM.

Does anybody know how to translate this info, it could be extrodanarily helpful to be able to identify this information. BTW this is a generic question, I have no interest in the individual trade

[megryan] 16/11/2000 08:09

Thanks Sardine.

Thats a useful bit of help. Hope you have got over the recent bad weather.

Meg

[sardine] 16/11/2000 01:28

Kayak: On form tonight!

[kayak] 16/11/2000 01:19

Meg, this is what I've found in the past:

The last two digits are 00 for 2000 (last year's were definitely 99), and the first digit or letter represents one of 15 sequences (1 to 9 and A to F), with the remaining digits being the sequence number within that sequence. Within the set of trades allocated to a particular sequence, the number increments with each trade across the whole market. MMs may use a particular sequence but I don't know how it works.

So not particularly useful! I think it's just a trade reference number allocated by the LSE, and perhaps they have 15 servers splitting the load...

[megryan] 15/11/2000 23:05

Lom,

Thanks...but the codes do seem to have a structure to them. Perhaps we need an enigma machine (ah! so that's why it was nicked?)

Meg

[lom] 15/11/2000 09:20

Meg

This has been asked several times over the past few months and the consensus seems to be that there is nothing which can be derived from the codes.

[megryan] 15/11/2000 09:16

Can anyone inform me if there is any significance in the code lettering and number sequences in the Codes column on the Trades spreadsheet...The codification obviously follows some sort of system...how are the codes constructed, what do they mean?
e.g. E011F1RS00

Thanks,
Meg