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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,669.95
(
-0.35%
)
Post# of 14668
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THall

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THall

Re: sharky post# 5449

Thursday, 05/25/2017 7:38:28 PM

Thursday, May 25, 2017 7:38:28 PM

Post# of 14668
The Form T seen on OTC stocks is a "Mark Down" report from the broker dealer who is selling a large Block Position for their customer. It is an averaged price from all the sales made during the day to retail and then a Block Position fee is taken out. Because the buying leg is a different price from what the broker dealer sold to the market it is required to report this difference in separate Consolidated Tape transaction.

It was a sell not a buy

It was a buy. :)
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