The ASX and brokers are fully aware nearly all of the buy/sell orders are fake. Most trading is now done by algorithms in 'dark pools' invisible to retail traders. These orders only appear after they have executed.
If you use the IRESS professional trading platform you will see huge buy or sell orders constantly being added and pulled by bots to manipulate prices.
Dark liquidity refers to buy and sell orders that are notvisible to the rest of the market, although the trades are typically published immediately after they take place. Dark trades are usually done away from exchange markets and are accessible only to a subset of the market (e.g. often limited to a market participant and its clients). There are also dark trading venues known as ‘dark pools’ or ‘crossing systems’. A dark pool is a system that enables trading away from lit exchange markets. A crossing system is a dark pool which is operated by a market participant (a participant of a licensed market, with permission to directly access the market to trade on behalf of their clients and/or themselves.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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