For the past 3 days the trading range on the LindeX has been buying at L$277/1 and selling at L$267/1. For the past month I have been buying at a low of L$278/1 and selling at high of L$267/1 and on a trade of L$1,000,000 the cost is $3597.42 while the return is $3613.28 based on a commission of 3.525%. That gives a profit of $15.86 per L$1,000,000. I know the commission is stated to be 3.5% but my last 4 trades averaged 3.525% which is better than a month ago when they varied between 3.53% and 3.55%.
I can't figure out why large traders are buying at L$277/1 and selling at L$267/1. How do I know this this? The L$277/1 limit buy orders will show 2 buyers buying over 4 million L$. I know they aren't selling at L$266/1 because that figure hovers around 8 million L$ and I currently have a 1.1 million L$ order that sells occasionally when the selling rate reaches that number. That sell oder has been selling for 3 days but large volume traders keep buying at L$277/1 and selling at some rate other than L$266/1.
If these traders are buying at L$277/1 and selling at L$267/1 then they turn a profit of $2.87 per L$1,000,000. While I have no problem buying and selling my curreny trader level 2 $80,000 per month for a minimum of $333 profit based on the 21 million L$ bringing in the $15.86 profit per L$1,000,000, why would high volume traders who could trade 85 million L$ based on a currency trader level 3 $320,000 per month be willing to accept only $244 based on the 85 times $2.87?
These big traders are smart and it makes no sense to accept lower profit on higher risk, so are these big traders getting a lower commission than the rest of us so they can make more profit than the projected $244 per $320,000 currently seen?