Great read and subject thanks alpha.
As mentioned the effects of the U order at times are quite obvious either spurring on buyers, capping a share or causing a sell off.
Having commented on U orders and there effect several times, some seem to think its all in your head and there are no games being played, i beg to differ.
I for one have always looked upon these antics as market manipulation which i believe is illegal and shouldnt be allowed.
As for not being able to see the broker behind the order it is a joke and should be changed or have never existed in the first place so the playing field is more even for retail investors.
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- insto's guide to screwing retail traders
insto's guide to screwing retail traders, page-5
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