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BarryAllen

06/21/12 6:49 PM

#6110 RE: OCKHAM'S RAZOR #6109

The .0021 print was neither a sell nor a buy. The trades were all at .0025. Multiple buyers bought at .0025 from VFIN at the ASK. VFIN only shows 5k shares for sale at a time. In reality, VFIN had an order for ~665k shares and after he was done/filled he PRINTED .0021 which he credited to the seller who was really at .0025 and VFIN pocketed the .0004 difference. It's called x-clearing. The client who sold at .0025 additionally got hit for commission and ticket charges, etc. from the broker who used VFIN as a clearing house. Highway robbery!!!