Have a quick look at PIH any day, and see the BOTs at work, some days have line after line of just 1 trade for 10 to 15 or so lines
I now have asked both Commsec and Etrade that I want them to broker some large quantities for me and I've been told that they are unable to break-up the trades this way even if I ask them to do this for me for a negotiated fee whether I'm either selling or buying a large quantity
I am a customer of both these brokers and I have now asked both their various people and departments and always get the same answer, no they are unable to do any more than I can do on-line I can see on-line on their trading platforms that they are not the brokers doing these multiple low quantity trades
One of these brokers has informed me that it would be a small outfit that doesn't have the guidelines that they have to follow and their systems won't allow it anyway
Question is - who is and can do this? Would they even tell me if I phoned them?
PIH Price at posting:
$4.00 Sentiment: None Disclosure: Held
