class action against asx - algorithmic trading, page-23

  1. 1,871 Posts.
    Just look at the fraudulent trading in David Jones today (DJS) note the zero trades which are forcibly cancelled wash trades for 10 shares etc, stuck in betwixt the half cent dark pool trades. Note the top seller has opnly been partially executed some 300 shares, "they" are making sure that the $2.51 either doesn't get hit, or frustrates him into selling down into the 2.50's. This market is now farcical, and dont forget DJS is a 1.3 BILLION dollar market cap, anything with a cap under 400 mill gets played with like a matchbox toy car by the HFT and algo terrorists. And this exact same crap happens daily in one of our biggest companies that many of you folks would have investments in, TELSTRA.

    12:02:38 PM 0.000 0 0.000 ********************
    12:01:53 PM 2.500 479 1,197.500
    12:01:53 PM 2.500 206 515.000 NXXT
    12:01:53 PM 2.500 4,464 11,160.000
    12:00:09 PM 2.500 634 1,585.000
    12:00:09 PM 0.000 0 0.000 ******************
    12:00:09 PM 2.505 10 25.050 CXXT
    11:59:40 AM 2.500 55 137.500
    11:59:39 AM 0.000 0 0.000 *********************
    11:59:39 AM 2.505 11 27.555 CXXT
    11:59:26 AM 2.500 1,122 2,805.000
    11:55:39 AM 2.500 627 1,567.500
    11:53:26 AM 2.500 80 200.000
    11:52:11 AM 2.500 1,328 3,320.000
    11:50:09 AM 0.000 0 0.000 ***************************
    11:50:09 AM 2.505 10 25.050 CXXT
    11:45:43 AM 2.510 316 793.160
    11:45:43 AM 2.510 2,956 7,419.560
    11:45:43 AM 2.510 619 1,553.690

 
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