🕵️ Sophisticated market participants may detect and exploit large orders.
🚫 Front running can drive up prices, complicating order execution.
🎭 Deceptive tactics are sometimes needed to outsmart market manipulators.
@marcosemmimfp:
“There was such sophistication that you would say, ‘Okay, let’s buy 3 million of Banco Popular,’ and after an hour, I would say to the trader, ‘Hey, what’s happening? Popular is up 2% since we gave the order. How much have you bought?’ ‘Nothing; I haven’t been able to buy anything yet.’ I say, ‘You’ve got to be kidding me.’ Someone detected that we were interested in starting to buy Popular, and they were front-running us, which is that they bought it before, knowing that we were going to push the price up, and before we finished, they would say, ‘Don’t buy; sell it.'”
Watch the exact part of the video where Pablo talks about Banco Popular here:
Watch the video on YouTube.
Read more articles featuring the most recent analysis of Banco Popular at this link: BLOG.
