Hi,
A quick question for the experts.
How significant is the LTA in relation to the overall matched amount in the market during the last 2 minutes before a horse race is due to start ?
Example:
Total matched so far is 200K, someone drops 3k on the back or lay side in front of the current available amount on either side.
I remember watching a YT video whereby Peter said that in some respect he is at a disadvantage to mere mortals as he cant just drop 5k or such into a market most of the time.
I guess my real question is why not. Is it because someone with more money who wants the price held up or to go a different way could/would just drop 20k on the other side etc ?
Been watching markets for awhile and recently someone dropped 6k into the lay column when a selections price was near the bottom of its trading range and it seemed to take off upwards like a rocket.
Cheers,
Mark
