Selling to Market
Been trying to understand how this works pretty much since I joined FI a few months ago.
I rarely sell to market as I consider my buys to be more long term but I put a certain player up for sale yesterday, he has risen by about 20p today so must be some fair significant demand and not one of my futures has sold. I understand the queuing system and all that but how is the player rising and my shares not being bought? I always assumed that rises would be based on the fact that buys outweighed the sells but here I am patiently waiting for my spot at the front of the queue!
Apologies if I'm being thick but it has been bugging me!
playingcards1 last edited by
It would be helpful to know which player you mean, but that 20p price rise is some combination of:
- People buying shares that are ahead of you in the queue
- People unlisting the shares they had in the queue themselves.
I also just remembered that when you put futures up for sale it essentially takes them out of the market, which causes price drops, so obviously a players price can rise without all sells being bought.
I actually work with shares every day in work would you believe but have some blind spot when it comes to FI futures haha!