Funny Thing

swagat86 · #1 2nd August 2007, 12:53 AM

Dont wory guys im not crackin a joke. Its serious. Anybody checked the freak trade on NF today. Low was at 4200. huh??

i thought freaks used to happen in stocks only. but 70-80 pts on Nifty futs difference between real low and freak low is too much.

http://www.nseindia.com/marketinfo/f...l=NIFTY&flag=1

kkseal · #2 2nd August 2007, 01:18 AM

Why do they happen? Is it because of some manipulation?

Regards,
Kalyan.

swagat86 · #3 2nd August 2007, 01:33 AM

Yeah, some ppl delierately do this. Although im not realy very clear how is it done.

Exerienced ppl like Usasish Saint and others can throw some light.

Thanks

SavantGarde · #4 2nd August 2007, 09:48 AM

Not Uncommon, It Is Just A Matter Of Putting The Trade At An Abnormal Price & Some Idiots Who Go In For Trade At Market Price First Thing When The Market Opens Gets Executed...First In....First Out.....

SavantGarde

uasish · #5 2nd August 2007, 09:49 AM

Yes i observed it on Mkt yesterday & telephoned my friends holding Puts of 4200 Str ,they also confirmed the same.This can happen but i was more disturbed on another aspect than this.When there is 'Survillience System' ON ,which FREEZES trading in exchange whenever there is more than 2% fluctuation in Nifty within 150 secs,this flactuation was of 1.98 % & lasted for a flash & what happened to Stop Loss Buy Cover orders ? was it done deliberately to unnerve Big players.
Normally 2 side by side terminal of 2 different Broker House ,operated by 2 expert Dealers (they are lightning fast in order punching) places Huge simultaneous Buy & Sell Mkt orders.
As all big brokerhouse has Huge qty of both Long & Short orders of different clients in their books of the same scrip they reverse this positions,with another brokerhouse ,and this is done by designated Jobbers situated in another city employees of these broker house,& the trade lasts for max 30sec in the System of the exchange,all contract notes & trade details are generated in a different city in different client heads or proprietory trade heads.
This is there & was there & will be there,we dont have to worry.Thats why i always place my Stop Profit orders after my trade execution even before the Stop Loss order.

swagat86 · #6 2nd August 2007, 10:00 PM

Quote:

Originally Posted by SavantGarde

Not Uncommon, It Is Just A Matter Of Putting The Trade At An Abnormal Price & Some Idiots Who Go In For Trade At Market Price First Thing When The Market Opens Gets Executed...First In....First Out.....

SavantGarde

Oh God, thank God i never place market orders.

Quote:

Originally Posted by uasish

Yes i observed it on Mkt yesterday & telephoned my friends holding Puts of 4200 Str ,they also confirmed the same.This can happen but i was more disturbed on another aspect than this.When there is 'Survillience System' ON ,which FREEZES trading in exchange whenever there is more than 2% fluctuation in Nifty within 150 secs,this flactuation was of 1.98 % & lasted for a flash & what happened to Stop Loss Buy Cover orders ? was it done deliberately to unnerve Big players.
Normally 2 side by side terminal of 2 different Broker House ,operated by 2 expert Dealers (they are lightning fast in order punching) places Huge simultaneous Buy & Sell Mkt orders.
As all big brokerhouse has Huge qty of both Long & Short orders of different clients in their books of the same scrip they reverse this positions,with another brokerhouse ,and this is done by designated Jobbers situated in another city employees of these broker house,& the trade lasts for max 30sec in the System of the exchange,all contract notes & trade details are generated in a different city in different client heads or proprietory trade heads.
This is there & was there & will be there,we dont have to worry.Thats why i always place my Stop Profit orders after my trade execution even before the Stop Loss order.

Thanks for the info

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