Antibe Therapeutics Inc(Pre-Merger) ATBPF

RE:RE:Something is funky always with this trading

[aliasunknown]

Many institutional investors use iceberg orders to buy and sell large amounts of securities for their portfolios without tipping off the market. Only a small portion of their entire order is visible on Level 2 order books at any given time. By masking large order sizes, the iceberg order reduces the price movements caused by substantial changes in a stock's supply and demand.

For example, a large institutional investor may want to avoid placing a large sell order that could cause panic. A series of smaller limit sell orders may be more palatable and disguise the extent selling pressure. On the other hand, an institutional investor looking to buy shares at the lowest possible price may want to avoid placing a large buy order that day traders could see and bid up the stock.