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Re: [sharechat] Market depth

From:	"John W Stockley" <HOMEWARE@xtra.co.nz>
Date:	Thu, 10 Feb 2000 09:34:47 +1300

I watch  market depth in Australia and notice occasionally a very large buy
order will be placed a few cents below the current sell price, usually by
one buyer. 20 or 30 minutes later the order will be removed, not filled.

Does anybody know why people do this?

Does this manipulate the market in some way?

John


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References

[sharechat] Market depth ritchie marr

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