Can anyone guide me if the end pricing each day can be "fiddled" to get the close to match a CFD bet ?
Its interesting to note a share will trade like MDL at 40 to 42 for a large volume, clearly indicating the market is willing to pay this price, and then right on close someone "drops" the price.
Logic tells me that if you are selling you want the highest price, hence when the market is happy to pay the 42c, you wait for your turn.....unless you have a greater desire to see the price somewhere else.
Maybe you sold the CFD at a rate and dont want to be caught at a close the market bet on /
I dont trade the CFD's but am wary on how they can be used to manipulate a stock price and send confusing messages.
Any comments on this ? Definitely seems to hurt MDL on close each day.....
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