Sharechat Logo

Can I find out who is buying and selling certain shares?

Wednesday 23rd January 2002

Text too small?
Q: I understand that market depth shows the number of orders lined up for shares at various prices, but how do I find out who is actually selling those shares?

A: When brokers look at a trading screen they can see nearly everything about the bid - including which brokers are bidding and offering which securities. This means all brokers can see when another broker has been particularly active in selling or buying a stock. However this information is generally not available to the public because brokers see the information on their own system.

Since early 2002 the 'public' can get access to market depth on some broker sites but this will only tell you details like prices and amounts - it will not tell you who is selling or buying the shares. This is really a private matter between the broker and the client.

Keep an eye out however for SSH (Substantial Security Holder) notices. These show who has increased or decreased their holding in a particular stock - although only if the amount accounts for a certain percentage of the shares issued.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Where can I find information about companies on the secondary board?
Why do NZ companies list offshore?
How do I find what specific companies make up a sector index?
What is the difference between a renouncable and non-renouncable rights issue?
What advice can you give a beginner?
How do I begin investing in the sharemarket?
Where can I get investment information or advice?
How do I research a company I may want to buy shares in?
What are share issues and placements?
How much money do I need to start buying shares?

IRG See IRG research reports