RE:10% of shares moved one shot after close at .40 cents? crazytimes wrote: | Recent Trades - Last 10 of 904 | More trades... |
| 16:15:10 | O | 0.40 | -0.01 | 121,396,929 | 62 Haywood | 62 Haywood | X |
| 16:00:00 | T | 0.415 | 0.005 | 1,000 | 1 Anonymous | 13 Instinet | KQ |
Crazy....you have been around long enough to know that that was a crossover transaction's from Haywood to Haywood that happen quite frequently.
there can be many reasons for this
- A cross trade also occurs legitimately when a broker executes matched buy and a sell orders for the same security across different client accounts and reports them on an exchange.
- Cross trades are permitted when brokers are transferring clients assets between accounts, for derivatives trade hedges, and certain block orders.