RE: RE: RE: RE: CIBC is preparing for Guys, this daily CIBC trade is a MOC ("market on close") trade, very common practice, more so for commodities thought. It is a market neutral way to buy/sell a position, also commonly used in derivative pricing & hedging. There is likely a seller who wants to dispose of a position, and knowing they cannot dump all at once without flooding the market have decided to sell a portion on the close each day. I assure you, there is no manipulation going on (at least with this 100 lot order). As to the comments that is it CIBC itself doing the manipulation, they are most likely just the broker involved (though it's possible this is how CIBC has decided to dispose of the CS allotment they reluctantly received in the recap). The reason CIBC is on both sides is they they have matched a daily MOC buy order