[This message was posted by John Harris of BondMart Technologies, Inc. <[email protected]> to the "International" discussion forum at http://fixprotocol.org/discuss/14. You can reply to it on-line at http://fixprotocol.org/discuss/read/96828873 - PLEASE DO NOT REPLY BY MAIL.]
Mahesh, Setting aside what "regulatory authorities see," such orders would at least be "related" on the basis of source. But can one deduce a "fraudulent pattern" by "correlating parameters" of such orders, absent some other information? I doubt it. And would regulators automatically begin an investigation merely because such orders are placed? I doubt that, too. If, however, a significant event arises with MAX as its locus, then I would expect regulators to look for unusual, contemporaneous purchases and sales of MAX or options on MAX. Best, John > When a single investor is trading buys and sells for Equity ticker MAX and > simultaneously doing options strategy(ies) with multiple puts and calls for > the same underlying security ticker MAX, do regulatory authorities see these > as unrelated orders or do they try to see if there is some kind of a > fradulent pattern which is provable only by correlating parameters of the > Equity orders and the options orders ? > > Regards, > K. Mahesh [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] -- You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/fix-protocol?hl=en.
