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Strategies & Market Trends : From the Trading Desk

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To: bazooka who wrote (3499)8/20/1998 12:41:00 PM
From: Joey  Read Replies (2) of 4969
 
ACT is used mainly for reporting trade volume and price to the tape and for settlement purposes between the two brokers clearing houses. Compare means they both put the trade into act the same way, (same stock, price, volume) The modifiers are as follows - .B for bunched, .SLD for reported out of sequence (more than 90 seconds after execution), .T outside normal market hours, .W - weighted average price, .ND - next day settlement. There are others, but these are the ones you are most likely to see. As for how to use these, I suppose they could be read differently in each situation, now that you know what they mean, apply them in your tape reading analysis.

Joey
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