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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

Comment by bob-ten1on Apr 18, 2012 11:45am
130 Views
Post# 19807658

RE: Dundee Yesterday

RE: Dundee Yesterday

Cross trades are not to increase volume. Cross trades are when a broker executes both a buy and a sell for the same security from one clients account to another where both accounts are managed by the same portfolio manager. Dundee has many retail clients using their platform so when a buy or sell shows up under Dundee it doesn't mean it was from Dundee themselves.

Some may come from Dundee if they are walking the price down to do a large cross at a pre determined price. Example if I tell Dundee I want to buy 400,000 shares at .57 and the price is currently .59. If they find someone willing to sell me 400,000 shares in one block they can sell at few shares to get the price down to .57 then do the cross.

Company: Dundee Securities Ltd.
Address: 1 Adelaide St. East
Suite # 2000
Toronto, ON
M5C 2V9
Fax: (647) 428-8261
Web Site: https://www.dundeewealth.com
Services:
  • Clearing
  • Corporate Finance
  • Equity Trading
  • Fixed Income Trading
  • Foreign Exchange Trading
  • Institutional Trading
  • Jitneying
  • Liability Trading
  • Mutual Fund Trading
  • Options Trading
  • Portfolio Management, Individuals Only
  • Pro Trading
  • Retail, Full Service

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