Makes 100% sense, GiddyYup.
Thanks for taking the time yet again.
So fair to say that someone would, be acting on the AMEX insto's behalf in Australia to provide this " x trade bank " soley for the US market as most are done well before market opens.
Then the "xtrade bank" is topped up on market when its needed, hence the selling pressure from time to time, and the mill props on the sell side every now and then.
Could also be converting options bought on market to top up the bank Id say.
Got me intrigued now how many they're holding in the US now...
Have a great weekend Samsonites.
TCG
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