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Re: JimmyCrickets post# 13158

Monday, 07/17/2017 4:08:01 PM

Monday, July 17, 2017 4:08:01 PM

Post# of 17196
When dilution occurs, it happens throughout the day. Form Ts are averaged price trades from sales made during the day to retail and then a Block Position fee is taken out and reported as a Form T. Because that leg is a different price from what the broker dealer sold to the market, it is required to report this difference in a separate Consolidated Tape transaction.

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