Quite frankly I don't understand it, let alone explain it. But something about hidden orders, small trades to get nibbles, and being able to see incoming orders before anybody else.
The book FlashBoys by Michael Lewis, an ex Wall St trader, describes the amazing things the high frequency traders can do - especially if they have their computers near or at the exchange.
Why would anyone place dozens of orders for $11 every 5 minutes? How is that better than placing a single order for $200? Or $2000? Why these trivial amounts? It is too sophisticated and complex for something that would yield a tiny profit.
- Forums
- ASX - By Stock
- FBR
- Ann: HadrianX Factory Acceptance Test completed for CRH Ventures
Ann: HadrianX Factory Acceptance Test completed for CRH Ventures, page-95
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FBR (ASX) to my watchlist
|
|||||
Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.1M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 28867 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 503546 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 28867 | 0.053 |
1 | 150000 | 0.051 |
4 | 462400 | 0.050 |
2 | 51448 | 0.049 |
10 | 695374 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 503546 | 1 |
0.043 | 75000 | 1 |
0.047 | 460000 | 1 |
0.048 | 100000 | 1 |
0.049 | 100000 | 1 |
Last trade - 16.16pm 02/08/2024 (20 minute delay) ? |
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
FBR (ASX) Chart |
Day chart unavailable