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Bulk Deals-Why does this happen?

Discuss Bulk Deals-Why does this happen? at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Look at this bulk deal: Client----------------------------Trade Type--Qty----------Rate MAYROSE CAPFIN PVT LTD--------BUY---------58000--------216.74 MAYROSE CAPFIN PVT LTD--------SELL-------- ...


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  #1  
Old 26th July 2006, 06:27 PM
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Default Bulk Deals-Why does this happen?

Look at this bulk deal:
Client----------------------------Trade Type--Qty----------Rate
MAYROSE CAPFIN PVT LTD--------BUY---------58000--------216.74
MAYROSE CAPFIN PVT LTD--------SELL-------- 58000--------212.22

The question is, why would a company buy and sell to itself?

This question has been standing for quite some time for me!
Someone please help!
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  #2  
Old 26th July 2006, 11:12 PM
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Default Re: Bulk Deals-Why does this happen?

Is it a short gone wrong?
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  #3  
Old 27th July 2006, 08:51 AM
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Default Re: Bulk Deals-Why does this happen?

Quote:
Originally Posted by kuldeep49
Is it a short gone wrong?
Oh Oh. It means that broking firms place such huge orders for trading purposes? Am I correct in understanding this?

Regards
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  #4  
Old 27th July 2006, 02:19 PM
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Default Re: Bulk Deals-Why does this happen?

Hi,

Yes manoj you are right, but it is not confirmed whether this is a propritory or this is done for a client.

Cheers
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  #5  
Old 27th July 2006, 05:07 PM
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Smile Re: Bulk Deals-Why does this happen?

Quote:
Originally Posted by inxsofme
Hi,

Yes manoj you are right, but it is not confirmed whether this is a propritory or this is done for a client.

Cheers
Thanks so much.

How come I did not think about it? Guess I am new thats why!
Exeprience speaks!

Thanks again.
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  #6  
Old 16th April 2007, 11:02 AM
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Default Re: Bulk Deals-Why does this happen?

Quote:
Originally Posted by ping_manoj View Post
Look at this bulk deal:
Client----------------------------Trade Type--Qty----------Rate
MAYROSE CAPFIN PVT LTD--------BUY---------58000--------216.74
MAYROSE CAPFIN PVT LTD--------SELL-------- 58000--------212.22

The question is, why would a company buy and sell to itself?

This question has been standing for quite some time for me!
Someone please help!
After buying the stocks at 216, trader cud have felt the price might go down. Instead of making big loss, he wud have booked at less loss. Seniors pls clarify.
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