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Re: Gutts2318 post# 18709

Thursday, 09/19/2013 8:56:20 AM

Thursday, September 19, 2013 8:56:20 AM

Post# of 27970
That's how wash trades often times work, though, during conversions. During a conversion, there will be 2 large offsetting trades at a 1 tic spread. I've seen some very good explanations on this site as to why this happens. I'll look around and see if I can find it.