You are viewing:-
you're reading...
0.General, 1.Market Observations, 1.Trading HFT more

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 (might need AFR login access)

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: