InvestorsHub Logo
Followers 16
Posts 1842
Boards Moderated 0
Alias Born 03/15/2005

Re: 86EM post# 37204

Tuesday, 02/03/2009 5:12:04 PM

Tuesday, February 03, 2009 5:12:04 PM

Post# of 43413
Ihub activity says it was a form T (?)trade


'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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.