Bombardier Inc. T.BBD.A

The Credit Suisse order; the explanation

[lb1temporary]

Look at a copy of the friday's  final transaction (from Georges 44 post):





Look at the Q symbol for the transactions; that means MOC . Market on close order.

Essentially, an order for the closing time at the closing price. These kind of orders are drop before the closing for a specific volume but at an indefined price. The buyer is advised after the close of the price of his transaction.

Specific moves have to be done by investors and this kind of order have strict rules for deadlines and cancellation opportunities.

 For detailled explanations: (explanations for US markets but TSX have the same rules, these explanations are crystal clears): 

https://www.warriortrading.com/market-on-close-order/?gclid=Cj0KCQjwkruVBhCHARIsACVIiOyIN801xRyf1oaGYyKLHZHhw12rQhRNsfiEh7S2MQMZPe0oxwqb4awaAlboEALw_wcB

[lb1temporary]

Sorry the copy doesn't works.  At the end of each line of transaction for Credit Suisse at 4:00 we find the Q symbol meaning a MOC order.

[BBDB859]

Hey temp. These Financial institutions including the Exchanges themselves, have really changed the Trading business. Retail I believe, has no chance these days. You almost have to join an institution just to keep up. They know every trick in the book. Who would have even thought of an MOC. What happened to the normal trading when the asks outnumber the bids at the close, and the closing bell

[Acuras1]

Capital markets have always been very agressive and to us retail investors trades can at times seem illegal. The old saying that all information about public companies is known is to be taken with a grain of salt.........as often some material information is known to a few.  Keep in mind that from the trading floor and people at brokerages buying or selling for their clients,  to the

[lb1temporary]

The insiders problem is not a small one. Some could use confidential information not only for them (not so easy not to get caught) or for others ( easier). At brokers or banks, only few have acces to files. lectronic and physical files are reachable onty to personnel  working on the file ( less than 10 ) and all access are registered. Codes names are given to project under study (project