Trading Analysis 16th Jan 2018


21 March 2018

Much tighter spreads today initially made distinction between Buys and Sells difficult but a number of disclosures by Long Term holders (and a few newer holders) allowed the complete trading pattern to be unpicked as shown below.

The end day balance of Buys (1.99M)  vs Sells (596K) left the MMs trading position fall further short by another c. 1.4M shares. Their accumulated nett trading position now ends up at 2.78M short, though from the behaviour of the Bid and Ask today there is the suggestion of a significant sell around 1:30pm which is yet to be reported.

This article only conveys the personal opinion of the author. Whilst every effort is made to ensure the content is accurate, we cannot guarantee the accuracy of the data shown. This article does not constitute professional, financial or investment advice and must not be used as a basis for making investment decisions.

Site content is not authorised by the FCA and you are not safeguarded by the Investor Protection measures of the Financial Services and Markets Act 2000. See our full disclaimer