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