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Re: NewYorkCityBoss post# 66636

Wednesday, 06/16/2021 3:59:33 PM

Wednesday, June 16, 2021 3:59:33 PM

Post# of 118864
NYCB, I think this might be what you are seeing. This was taken from Investopedia. They might be stacking small orders to hide the total amount.

"What is an Iceberg Order
Iceberg orders are large single orders that have been divided into smaller limit orders, usually through the use of an automated program, for the purpose of hiding the actual order quantity. The term "iceberg" comes from the fact that the visible lots are just the "tip of the iceberg" given the greater number of limit orders ready to be placed. They are also sometimes referred to as reserve orders."
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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