Hi,
Been a while since i've been here but I just want to ask a question.
If there is more money on the Lay side unmatched generally the price will come in?
If there is the same on each side the price will generally stay the same?
And the other side of the coin if theres more on the back will the price go out?
Or Have I got this completely the wrong!
Cheers
Ian
Lay/back money unmatched
Generally that's right but it's never just that simple. But at the end of the day that is how the market is formed. If there is more more money backing than than laying the price will, generally, come in and vice versa. The exact mechanism that causes this and when it happens though is a bit subjective.