Assumed Sale/purchase Financial Glossary
What is it? Whether a transaction is a purchase or a sale is judged on the basis of the trade price in relation to the mid-price at the time the trade is published, e.g. if the trade price is greater than the mid-price, a purchase is assumed and visa versa. Large trades can be subject to a delay in publication which may result in an unreliable interpretation.Finance Term Definition Added By: Mia
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