NYSEAM:SVLC - Post by User
Comment by
black364on Dec 16, 2012 5:55pm
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Post# 20737477
RE: 100 share block trades
RE: 100 share block trades Day traders are using software programs to trade, usually 100 - 500 share increments. Ano, CIBC,Jit, are the main culprits although one doesn't see Jit around much lately as he is using the Ano banner now. They move in a nano second and have multiple bids and asks in working on a one cent margin. They don't care about positive company news and don't care where the share price is. UBS and Instinet are also day trading but are not as polished as the the first three I pointed out. This is not to say there are only day traders using these houses but if one has the time and studies them using level 2 their traits are easily picked up.