S its only the AT trades that effect the share price

RNS is the Regulatory News Service. If you have the stocks you hold on stockwatch you will get a N next to the share if any news is released that day.

As for level 2, your understanding would be correct in a perfect world where market makers didnt exist. It is also possible that people input repeating orders, ie sell 20k and as soon as it is sold, sell another 20k and so on. i believe if you search you will find a thread on level 2 which explains in a lot more detail (too much for most)

Rampage, reckon that trade @ 22.5p must have been entered incorrectly

Rampage

OK, I am getting it now, so whats AT stand for?? and what are the other codes for (and what do they do), ie if they dont effect the share price, what are they??

Mr Fundamentalist

Interesting what you say about the company value, I only purchased THUS today, I have been looking for a while but thought this low price was to good to miss, now based on there profits and such, its still looks a good year or two before they even break into profit. I am buying this share based on what it will be worth in 3 years.

Simon,

You will find a list of these abbreviations for the codes on our help pages under trades, but here is rundown of what you will find there:

Code Definition
O Ordinary trade - A standard type of trade with normal settlement date traded through the Market Makers.>
B Broker to Broker Trade. A transaction between two broker firms.
EU Euro Automated Trade
ER Euro Trades
K Block Trade - A transaction utilizing the block trade facility.
L Late Trade - when a trade is reported to the Stock Exchange some time after it has been executed it is known as a Late Trade.
LC Late trade correction.
M Market Maker to Market Maker. As the name suggests this is a transaction between two Market Makers who are registered in the security which is being traded.
N Non Protected Portfolio. This is normally a transaction of a number of stocks dealt with by one market maker at an agreed discount to the market price.
NM Not To Mark. In some cases the Exchange can grant permission for non publication. This is known as a Not to Mark.
NR Non Risk (SEATS). As the name suggests this is a non risk transaction.
P Protected Portfolio Transaction.
R Risk less Principal transaction at a different price
RO Result of Option. A transaction which resulted for the exercise of an option
RT Risk Trade. (SEATS) A risk transaction.
ST SEAQ Trade. This is used for the single uncrossing trade. Gives details of the total executed volume and uncrossing price as a result of a SEAQ auction.
SW Stock Swap. Transaction comprised in a stock swap or stock switch
UT Uncrossing Trade. This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SETS auction.
X Cross at the same price.
AT An automated trade generated by the SETS system through the order book. (Level 2).
PA a protected transaction at the time that protection is applied.
PC Post Contra. When the contra trade is not on the trade date this is used to report it.
T If reporting a protected transaction.
WN Worked Principle Transaction. When a member firm enters into a worked principle agreement for a single security this is used to notify the Exchange.
TS Test Security. Used when testing trade reporting.
WT Worked Principle Trade.
CT Contra Trade. Used to publish a contra trade in previously automatically executed trade through the order book.
AI Automated input facility. Used when a member firm has disabled its automated input facility in response to a request from the Exchange.
PN Worked principle Portfolio Notification.
VW volume Weighted Average Price
RC Regulatory Conformance.
BC Bargain Condition.

Ian

Just beat me to it Ian

Thanks..

Making much more sense now, I have looked for the using level2 posts in both Traders and Inversters rooms, cant find nothing, if anybody comes across the using Level2 thread please let me know

Sorry, I will try to shut up soon...

If only AT prices effect the price and most are O trades, then when people go spazzy (now theres a word) about ramping, well how would people ramp a share when most trades are O, am I correct in saying O shares are what most peoples would be if they buy from say TDWaterhouse????

I'm assuming some large late sells from the institutions after 4-30pm, is prob. the reason for this not creeping up a bit?.IMHO

Any thoughts????////

Agreed fairford, there have been a multitude of buys, but price is being depressed buy a large seller. Give this a few days to clear up before buying.

News from this evenings Standard

I ESPECIALLY LIKE THE 3RD FROM LAST PARAGRAPHS COMMENT BY MR ALLAN!!!!



Thus pulls plug on its call centres
Steve Hawkes, Evening Standard
9 July 2004

THUS is quitting the call centres business in a shake-up that will delay the telecoms group's move into the black.


The Scottish Power offshoot is selling its loss-making centres to put more cash behind its core voice and data business.


Chief executive Bill Allan said the sale of the interactive division, which makes money from scratchcard competitions, may not be far behind.


Thus will be in profit towards the end of the financial year to March 2005. Two months ago, Allan was hoping for profits across the second half. 'We will be ebit [earnings before interest and tax] positive at the back end of the year,' he said today.


The group has been looking to sell the call centres for two years, after clients baulked at the idea of buying such services with a telecom package.


Murray International subsidiary Response Handling is paying 4m for the business. Allan said: 'The price is good for us and good for the shareholders.'


In a trading update, Thus said first-quarter cashflow was ahead of last year but it was still suffering from an increase in lower-margin business. Overall revenue was 'strongly in line with year-end expectations'.


It plans to access BT exchanges to target smaller and medium-sized firms. The shares today fell 2 1/4p to 20 1/2p.

wish it was closing at 20 1/2p ,


Aerotus...
That knocks my theory in the head.
7-5,million late trade............total of 62,million buys, and the blighter still keels over.
Whats a foot with these m/m's??

Have a nice weekend away from the shares....till 8-00am monday then////

From this level very possible. Reaction was well overdone as can be seen by the buying.

chrissie can we please change the title to "Are THUS shares about to halve?. I'm a holder but loosing heavily at the moment.

Azhar,
Quite right,
I'll go along with that, reiterating loses, we are being shafted by the m/m's yet again, more buys than sells and down again

Don't get sucked in by these Buys and Sells columns.
Every Buy is also a Sell, and every Sell is also a Buy.

Look for trend and volume.
Is the volume coming in on down days?
IE, more folk wanting to sell than buy that pushes the price down to attract
buyers.

Or is it coming in on up days?
IE, more folk wanting to buy than sell that pushes the price up to attract sellers.

MM's make their money on the spread. They won't want to take a position
unless they have a big buy or sell order to action.

IMHO, of course.

Melnibone.

Dont believe all you read .I sold a stack on Friday and all listed as buys .

And the last two 2.5m/2.7m look like buys to me?

Which way is THUS trending.
Stick a ruler on the screen if it helps.:-))

Which days have the high volume?
The up days or the down days?
Which way is the Macd indicating?

Melnibone.

thus shares to double ......thought i was doing nicely but just realise i have the chart up side down