3 ms·
But for you to buy a million dollars worth of Apple, someone sold a million dollars worth of Apple, right?
by chrismorgan 3y ago
But for you to buy a million dollars worth of Apple, someone sold a million dollars worth of Apple, right?
- deleted 3y ago[deleted]
- throwaway744678 3y agoOr 1 million people sold $1 worth of Apple. If you want to execute a large trade, you'd probably have to buy from several sellers, and (my limited understanding of the market is that) you'd do so by matching sell orders in ascending order, thus pushing the market value up.
- gpm 3y agoSure, but assume for the hypothetical that the counter parties were a list of existing "I'll sell this much at this price" orders. I.e. they were existing information that the market already took into account.