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Cable: Every hour, on the hour

By Jamie Coleman  || September 28, 2009 at 12:18 GMT
|| 4 comments || Add comment

Traders say that the UK clearing bank what is repatriating for its dividend payment is buying cable every hour on the hour. Keep one eye on the clock you’re pipping…

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4 Responses to “Cable: Every hour, on the hour”

  1. ALI on September 28th, 2009 12:30 GMT

    Good Morning Mr. Jamie, take a look at 3 hours – yes, that is quiet right I think…for 1 hour buy on the cable –will see… :)

  2. snyderkr1 on September 28th, 2009 12:38 GMT

    Buying to support the price temporarily to make the dividend payment because the trend is down? If so, could well mean quite a drop after they’re finished?

  3. Jamie Coleman on September 28th, 2009 12:40 GMT

    yes, could be…it is a one-off flow…

  4. ALI on September 28th, 2009 12:51 GMT

    Was helpfull for me :) didnt wait an hour hope dont get upset .Thks



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