Probably because the seller from Credit Suisse is using a US-based trading house as the initiator.
Trading activity over the last month for Credit Suisse (broker 72) on PTK.V (including ATS volume)
Broker Positions for C:PTK Broker #72 from 20160208 to 20160307 |
DateBought$ValAveSold$ValAveNetPosition$Net$Position
20160208 |
2,850 |
2,935 |
1.03 |
0 |
|
2,850 |
2,850 |
-2,935 |
-2,935 |
20160209 |
300 |
306 |
1.02 |
0 |
|
300 |
3,150 |
-306 |
-3,241 |
20160210 |
600 |
606 |
1.01 |
1,000 |
1,020 |
1.02 |
-400 |
2,750 |
414 |
-2,827 |
20160211 |
0 |
|
2,365 |
2,365 |
1.00 |
-2,365 |
385 |
2,365 |
-462 |
20160212 |
9,300 |
9,486 |
1.02 |
0 |
|
9,300 |
9,685 |
-9,486 |
-9,948 |
20160216 |
10,500 |
10,960 |
1.044 |
999 |
1,048 |
1.049 |
9,501 |
19,186 |
-9,912 |
-19,860 |
20160217 |
34,500 |
35,755 |
1.036 |
6,600 |
6,581 |
0.997 |
27,900 |
47,086 |
-29,174 |
-49,034 |
20160218 |
18,999 |
19,138 |
1.007 |
3,000 |
3,060 |
1.02 |
15,999 |
63,085 |
-16,078 |
-65,112 |
20160219 |
5,200 |
5,254 |
1.01 |
0 |
|
5,200 |
68,285 |
-5,254 |
-70,366 |
20160222 |
6,500 |
6,630 |
1.02 |
0 |
|
6,500 |
74,785 |
-6,630 |
-76,996 |
20160223 |
0 |
|
1,000 |
1,010 |
1.01 |
-1,000 |
73,785 |
1,010 |
-75,986 |
20160224 |
6,000 |
5,980 |
0.997 |
79,500 |
78,945 |
0.993 |
-73,500 |
285 |
72,965 |
-3,021 |
20160225 |
0 |
|
9,400 |
9,322 |
0.992 |
-9,400 |
-9,115 |
9,322 |
6,301 |
20160226 |
26,495 |
26,431 |
0.998 |
25,000 |
24,750 |
0.99 |
1,495 |
-7,620 |
-1,681 |
4,620 |
20160229 |
0 |
|
10,737 |
10,768 |
1.003 |
-10,737 |
-18,357 |
10,768 |
15,388 |
20160302 |
0 |
|
1,000 |
1,000 |
1.00 |
-1,000 |
-19,357 |
1,000 |
16,388 |
20160303 |
0 |
|
53,787 |
54,416 |
1.012 |
-53,787 |
-73,144 |
54,416 |
70,804 |
20160304 |
5,450 |
5,613 |
1.03 |
2,000 |
2,040 |
1.02 |
3,450 |
-69,694 |
-3,573 |
67,231 |
20160307 |
2,400 |
2,400 |
1.00 |
459,572 |
454,337 |
0.989 |
-457,172 |
-526,866 |
451,937 |
519,168 |
TOTAL |
129,094 |
131,494 |
1.019 |
655,960 |
650,662 |
0.992 |
|
-526,866 |
|
519,168 |
Now take a look at POETF volume over the same period. Strong correlation between days when Credit Suisse was active and higher volume on POETF
http://finance.yahoo.com/q/hp?s=POETF+Historical+Prices