That is a cross trade - when the broker has a buyer at 11 and a seller at 10 he crosses the trade at 10.5 - I have often had it on CommSec.
But to get it you put the trade in 'at market'
The snip is from yesterdays trading when CommSec was doing crossings. CXXT stands for Commsec Crosstrade, at least on the Commsec platform. Other brokers cross trades are represented as XT.
Brokers have to tell the client if a trade contained crossings, usually in the Trade Confirmation Document. If they don't pass on the benefit to the client they keep it for themselves.
I think this is right, it is as I have always thought, but happy to be corrected on detail.
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $15.57K | 6.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 247 | 357247800 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 616017987 | 229 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |