Re: Is Anonymous accumulating?
posted on
Feb 01, 2017 08:33AM
Thanks everyone for your input
I guess I should have gonna a little further to make my point. IMO - RVX trades by "Anonymous" actually represent a higher percentage of the number of transactions, on any given day, that you would typically see "Anonymous" trade elsewhere on the TSX.
I appologize the image of the level 2 quote I had posted earlier was not a good illustration of the Quanity/Volume of shares purchased but more representative of the number of trades by Anonymous. I check level 2, once or twice a day and in addition, I have also seen large purchases by Anonymous.
This is where the Analytical folks would want to add their comment(s).
If one looks at the total daily number of (RVX) Block of Trades, on any given day (Avg approx. 50 - see below) , they are relatively low and based on all the other trading houses that trade RVX, I feel that "Anonymous" transactions represents a significantly higher percentage that you would see for other companies traded on the TSX. Without statistics - It is merely an opinion.
Furthermore, given the low number of Daily Trades - (and the correlation of what the typical low percent "Anonymous" should represent of the entire group of trading houses, it would lead me to believe that Anonymous should be a very, very, VERY small group.
Hopefully I have not confused everyone .... it would be nice to see some statistics of transactions by houses.
Long.