Re:Amazon CEO Jeff Bezos sold more than $1B worth of stock t...
by jpatokal on Saturday November 04, 2017 @01:24AM
(#15623925)
That may have been the case in the 1990s, but isn't 10 seconds an eternity in today's HFT world? You'd need to arrange the sale off the exchange.
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Re:Amazon CEO Jeff Bezos sold more than $1B worth of stock t...
by joering2 on Saturday November 04, 2017 @11:41AM
(#15625509)
No you wouldn't. Its not like hundreds of big fish is waiting at their keyboard trying to push "BUY 10MM stock" at the right spot, because it might show up at the stock exchange. These "deals" are secret as of when they take place. As I said, you get on the phone, 3 seconds one party post "BUY 10MM", second party post "SELL 10MM". Done and done.