GREY:MESNF - Post by User
Post by
junkyardawgon Apr 24, 2014 11:11am
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Post# 22486194
This may answer the question....
This may answer the question.... I thought this may be the case:
"Your broker may decide to send your order to another division of your broker's firm to be filled out of the firm's own inventory. This is called "internalization." In this way, your broker's firm may make money on the "spread" – which is the difference between the purchase price and the sale price."
Obviously this type of trade would not show up on the exchange.
This information is from the U.S. Securities and Exchange Commission but it is most likely the same in Canada.
Source: https://www.sec.gov/investor/pubs/tradexec.htm
JYD