Tier II manipulationTodays rant brought to you by a trader bored from watching nothing happen.
To me it looks like someone is obviously holding the price down for some reason. Someone at Virtu ITG Canada, Broker 014, has bought the price down almost everytime it rises. Over the past two days I noticed they have sold shares in small amounts of 500-1000 (500 minimum Board lot to set the price) to lower the Last Trade Price, 22 out of 27 times the price has dropped. The trades usually occuring with in seconds of a price increase. Their trades are hi-lighted in blue in the photo. After I took the pic they sold the price down again for the last trade of the day.
No great info today but I had to vent while I watch the LME paint dry. And wait for some fresh wet ink on a deal.
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