RE:RE:RE:RE:ThisI tried to disrupt the algo by buying at the ask but BMO filled my order from an internal stash I guess... order was not sent to the exchange.
Remember the other day when we got up to the mid 20's and the Instinet guy disappeared?
From the Instinet documentation:
"By monitoring real-time trading conditions, evaluating impact, fair prices and trading intensity as opposed to making trading decisions based predominantly on historical or real-time volume patterns, WORK is well positioned to determine when and how aggressively to place orders."
and
"WORK’s tactics contain the concept of a “fair price” which the strategy uses to restrict trading during sudden price moves in the market"
I was hoping if I bought into the 0.22 block of shares on the ask that the algo would stop trading. Oh well... unfortunately I don't have the capital to buy any more Baby!