Official description.
You will see “NXXT” in the course of sales. NXXT is an NBBO Crossing (crossed trade) that has resulted from matching a buyer and a seller of a particular stock, and the buyer and seller are clients of the same broker. Using the ASX or Chi-X trade reporting facilities the broker is able to notify the market that a crossed trade is being executed at the current NBBO price.This type of trade typically occurs when a broker has managed to automatically match an order with the order of another client of that particular broker through the broker’s internal Crossing System.
Un-offical descriptions have various results however some people say it can be a signal to "someone" that on market selling has finished and that "someone" commences on market buying. Type NXXT into the HC search bar.
MGT share price, page-7757
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Last
28.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.05M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 28.0¢ | $18.67K | 65.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 34776 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 30306 | 1 |
View Market Depth
| Last trade - 15.37pm 05/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |