Form T Trade OTC 04/14/2020 4:00 PM EDT T 0.5869 5000 OTCPK
Form T Trade was last of the day ? but it doesnt show up as the last price
o execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day.
This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price.
Simply put, this is more likely with insider buying and selling.
The T Trade that the public sees is nothing more than one or all of the above scenarios.
The T Trade reported at the end of the day can be from one market maker or many involved market makers.
It can be a single purchase price but is usually an average of all of the previously unreported purchases from that business day.