Please can anyone tell me what the unknown trades are?

theres a topic under the epic ASK thats for trading questions. i only found out yesterday when i posted a similar question. the answer i was looking for was in there. hope you find the answer.

Steve; In a nutshell the LSE does not tell us whether a trade is a buy or sell so our computers have to calculate. The simple formula is ; if the trade is higher than mid price then its a buy, conversely if the trade price is below mid price it is calculated as a sell: if however it is declared at the mid price or is a late declared trade then it goes into the unknown column.


Because of the vagaries of this it cannot be 100% accurate and is only intended as a guide

Mike

MoneyAM