Awesome Bro....:clap::clap::clapping::clapping:
Many things i need to learn...
One question though from one of your points: You talked about average price when big orders for big players are involved. How do they manage?
Is it through block deals or special orders (or) do they secretly keep chipping away in small qty at key levels?
Thanks
Many things i need to learn...
One question though from one of your points: You talked about average price when big orders for big players are involved. How do they manage?
Is it through block deals or special orders (or) do they secretly keep chipping away in small qty at key levels?
Thanks
1) Block deals
2) Splitting order into parts and routing to different exchanges, sometimes at different times of the day (like 50% on BSE and 50% on NSE, maybe overseas too if listed there like NASDAQ, NYSE, LSE)
3) Dark pools (not sure if any such thing exists in India yet)
Chipping away may also work if their value estimate is quite high and they don't mind small slippages. One thing that I am very sure of is that Indian brokers have a bad reputation about leaking info of orders of big clients, they front run the trades for small gains for themselves or for gains of others.