Re KDR Chart, page-1444

I don't see where we disagree at all. Basically we are saying the same thing from what I can read. There is no conspiracy if you think that is what I have been posting. As you likely know, it is what it is and that is how it is done. My ultimate point is that for retail players it is not a level playing field. One just needs to try and find out the basics about 'dark pools' and one will realise just the tip of the iceberg regarding the methods and operating procedures for the "professionals". That is "professionals" as defined in the Corporations Act of course.

Now, just to add further food for thought. Does one really think that there are a bunch of buyers and sellers sitting there waiting to transact multi millions of FPOs in the closing action on a Rebalance Date? Now that would be a bit naive wouldn't it or otherwise a giant fluke that repeats every Rebalance date lol.

The real action happens during the days in the lead up to Rebalance Date. Index Funds and especially the big ETFs work out their positions and then set their bids or offers accordingly. The engaged "market participant" gets in the market and starts to fill these bids and offers accordingly in the days leading up to Rebalance Date. These actions are not described in detail anywhere, suffice to say there are numerous methodologies used plus the recording is done through their dark pools in order to match buyers and sellers. That often means getting positions from the lite exchange during the lead up time one way or the other. It might also mean that the market participant can match buyers and sellers off the market as well. This is only the tip of the iceberg as I state.

If one wants to see huge numbers on a Rebalance Date, like tens and tens of millions of FPOs entered during Closing Auction then one should have a look at the Goldies on the Rebalance Date for the GDX and GDXJ etfs. Eye popping.

Well, this is all very broad brush and kind of generic information from me. The exact details of the nitty gritty is way above my pay grade. But but...... to be forewarned is to be foretold or something like that.

Cheers