by Jason Bodner
It was just an ordinary trade… but it would quickly go on to be the biggest trade of my career.
It all started as a normal $20 million order for 1 million shares – in one day. I never would’ve dreamed of what it would become…
In 2010, I was the head of my trading desk at Cantor Fitzgerald. And a friend from another big bank called me to buy some stock for a big client. Let’s call it “KDQ”…
My firm matched big institutional buyers with sellers. So in a few minutes, I found a seller and offered my friend 100,000 shares (about $2 million worth). He bought it instantly.
“Do you have any more?” he asked.