Example 4 - Same Day Trades
You can test out the following example by copying and pasting the trades into the
calculator . The trade format and instructions
can be viewed here.
|
B |
01/12/2006 |
CAR |
30000 |
2.82 |
10.00 |
423.00 |
|
B |
01/12/2006 |
CAR |
30000 |
2.56 |
10.00 |
384.00 |
|
B |
01/12/2006 |
CAR |
50000 |
2.52 |
10.00 |
630.00 |
|
B |
01/12/2006 |
CAR |
40000 |
2.49 |
10.00 |
498.00 |
|
S |
01/12/2006 |
CAR |
50000 |
2.67 |
10.00 |
0.00 |
|
S |
01/12/2006 |
CAR |
60000 |
2.79 |
10.00 |
0.00 |
|
S |
08/12/2006 |
CAR |
20000 |
3.12 |
10.00 |
0.00 |
Results
The numbers in brackets indicate how many same day trades have been combined to
make a single composited buy or sell trade. The R in brackets, (R), indicates a
residual trade which is created when the number of same day buys and sells for a
specific share are different. For more on how same day trades are treated see here.
