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24 Oct 2012 (AFR) – UBS behind mystery shares spike

(24 Oct 2012, AFR, p5, Mercedes Ruehl)

‘UBS has emerged as the broker behind mystery spikes in several major blue-chip stocks when the market opened on Thursday, putting its dealing in direct conflict with ASX guidance to ensure trading is fair and orderly.’

‘The investment bank is understood to have slashed a large sell order for a client of about $200 million down to about $56 million, seconds before the opening bell.’

Read more at AFR.com (might need AFR login access)

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