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Unknown trades     

stevehaydn - 11 May 2004 16:47

Please can anyone tell me what the unknown trades are?

Bullshare - 11 May 2004 17:00 - 3 of 3

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
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