Bid/Ask of 1 share

[bluey]

Hi all,

On the bid/ask prices - I frequently see bids for only 1 share.

What's going on here?? I would imagine it's institutions putting these orders in - as commissions would burn retail investors.. Does anyone have a greater insight into this?

Thanks.

 

[Trembling Hand]

Hi all,

On the bid/ask prices - I frequently see bids for only 1 share.

What's going on here?? I would imagine it's institutions putting these orders in - as commissions would burn retail investors.. Does anyone have a greater insight into this?

Thanks.

It happens a lot as a "market to market" valuation. Especially around this time, end of quarter etc, so insto can value a portfolio on illiquid stocks

or they can be pricing transactions for off market transfers.

etc

 

[beamstas]

or they can be pricing transactions for off market transfers.

TH, Normally off market transfers happen EOD at the closing price. At least that is what i have always done when doing them for clients..

Brad

 

[bluey]

Thanks for the info!