Post by Admin on Aug 4, 2013 13:09:07 GMT 8
May 19, 2013; 3:55pm cyg cyg Price matching before market opens (0859hr) and closing (1704hr)
Hi Sparrow, Few questions to ask: 1) May I know how the price matching (not sure if I used to right term) is being done before market opens and close in the day? Example, yesterday closing price was $0.50, next day b4 markets open, there are ppl managed to buy $0.49 at 1 pip lower or sell 1 pip higher ($0.57) when the buy/sell queue are displaying, example BuyQ $0.55 and SellQ $0.56 b4 1704hr. 2) How BBs determines opening price of a particular counter, especially in gap up and down conditions. For example again, last closing price yesterday was $0.50 and next day opens $0.35 (may be due to bad news). Dun think retailer investor can do that. Please enlighten... Crusader...
Hi Sparrow, Few questions to ask: 1) May I know how the price matching (not sure if I used to right term) is being done before market opens and close in the day? Example, yesterday closing price was $0.50, next day b4 markets open, there are ppl managed to buy $0.49 at 1 pip lower or sell 1 pip higher ($0.57) when the buy/sell queue are displaying, example BuyQ $0.55 and SellQ $0.56 b4 1704hr. 2) How BBs determines opening price of a particular counter, especially in gap up and down conditions. For example again, last closing price yesterday was $0.50 and next day opens $0.35 (may be due to bad news). Dun think retailer investor can do that. Please enlighten... Crusader...