This is a bulk deal report of Yesterday:
I can see the PROP desks are risking too much capital for too little relative profits.
200,000 Quantity for 20 Paise profits does not sound logical.
Why do they do this ?
What is the logic behind it ? Can someone share their views.?
I don’t think they are trading, I think they are making the market between different buyers/sellers and they are doing it to get there commissions in return for arranging a buyer/seller for there clients.
Look at the quantity
Exact amount traded by diff clients of same firm.
Odds are of that is very low.
It’s some sort of trading.
@Karthik Can you comment on this please.