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Re: janice shell post# 46250

Monday, 09/17/2007 10:36:17 PM

Monday, September 17, 2007 10:36:17 PM

Post# of 56764
This is for London Stock Exchange (LSE) but it seems it has the same meaning here too.

'T' If reporting a single protected transaction. A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction, the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction. However, the market as a whole isn't told until the end, thus the order is protected.

Reference: http://ih.advfn.com/p.php?pid=help&hid=1835

Your money, your decisions.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y