On listed exchanges, in almost all cases, they don’t. There is industry chatter if it’s a particularly large trade, but even then not everyone hears about it. There’s a phenomenon called ‘shopping flow’ where a very good hedge fund customer might hear from their broker that they’re seeing other volume in the name - it’s one of the ways brokers, who provide a largely commoditized service for hedge funds - differentiate themselves from one another.
Day Trading vs. Swing Trading: Which is Right for You?
On listed exchanges, in almost all cases, they don’t. There is industry chatter if it’s a particularly large trade, but even then not everyone hears about it. There’s a phenomenon called ‘shopping flow’ where a very good hedge fund customer might hear from their broker that they’re seeing other volume in the name - it’s one of the ways brokers, who provide a largely commoditized service for hedge funds - differentiate themselves from one another.