I was wondering why a computer system would purchase a large number of small volume (less than $300) stock during the day?
For example I noticed this on one stock code I hold :
Column 1
Column 2
0
Time
Volume
1
11:45
104
2
11:30
97
3
11:20
101
4
11:15
103
and so on.... (it ranged from 97 to 108 in each settlement).
There was actually a large amount of stock for sale at the given price which finally reduced from 12,500 to 6,000 by the end of day just because of this trader (or computer system).
