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JackStraw

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JackStraw

Re: nazulya post# 11544

Tuesday, 02/25/2014 4:39:03 PM

Tuesday, February 25, 2014 4:39:03 PM

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I know exactly what it means. A brokerage was working an order all day for a client and at the end of the day they print the whole order a few tenths different from the average of all of the smaller orders at different prices and the brokerage keeps the difference (or the spread) and then book it into the clients account after the close. Probably a large sell order.
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