Its ridiculous, there's 5 supercomputer bots co-located with the ASX servers (for a nice fat fee), fangs embedded in like vampires, able to front run orders faster than anyone else. Been reported on business spectator a few times. Meanwhile the head of the ASX is a former gambling company ceo and goes around saying HFT is bad , while enabling it to happen in his server room.
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time to pull the plug on shares?, page-18
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