Large dark pool prints

Discussion in 'Trading' started by 777, Nov 28, 2016.

  1. Macca1

    Macca1

    Name a good data provider? My broker is IB, so I wouldn't' count on them.

    Does https://squeezemetrics.com report DP trades within moments?
     
    #21     Dec 22, 2016
  2. Macca1

    Macca1

    Actually I take that back. IB does report these trades( FINRA)
     
    #22     Dec 22, 2016
  3. No they do end of day data. I don't think they think very highly of real-time block trade stuff, and after seeing Stock Whisperer and stuff like that I'd tend to agree (unless it has something to do with a new option position... that's interesting).

    Yeah IB definitely has it.
     
    #23     Dec 22, 2016
    Macca1 likes this.
  4. Remember Back in The Day, The Floor Traders Would spot a paper runner, and jump in front of him? dark pools avoid this. shoo fly!
     
    #24     Dec 22, 2016
  5. Macca1

    Macca1

    Looking at the order clarification, most of these "block trades" look like hedged options positions. Real-time data costs more, that's probably why they are only reporting EOD.

    When you signed up to HFT Alert, what was the data feed you had to sign up for?
     
    #25     Dec 24, 2016
  6. CyJackX

    CyJackX

    I'm going to assume, if this wasn't clarified already, that they mean whether it was at the bid or the ask. If so, I could see using the liquidity-taker as being a more active way to define whether a transaction was a "buy" or a "sell."
     
    #26     Dec 24, 2016
  7. Exactly. The block trade stuff doesn't make sense to me as a pure methodology because of this. And yeah even if the people have realtime, they probably don't want to bother paying to stream it to people unless there's interest.
    I think this is the point yeah.
     
    #27     Dec 24, 2016
  8. algofy

    algofy

    The Grizzlybull strikes again with relevant knowledge.
     
    #28     Dec 25, 2016