RE:WHY BANKERS, FUNDS, CAN BUY AND SELL AT 1/4, 1/2/3/4 CENT Sham
My understanding
The 1/2 cent above 50 cents or 1/4 cents under 50 cents are done through the black pool platforms . TSX which most retail brokers that go through TSX deal in cents and 1/2 cents.
1/2 of the volume for BBD is hidden from the retail market.
Shamhorish wrote: WHY BANKERS, FUNDS, CAN BUY AND SELL AT 1/4, 1/2 , 3/4 CENT WHILE WE RETAIL INVESTORS CAN NOT???
OUR BROKERS CAN EXECUTE OUR ORDER AT MARKET PRICE WHICH COULD BE 1/4 , 1/2, 3/4 OF CENT LESS OR MORE AND KEEP THE DIFFERENCE + COMISSION TOO!!!!!!!