bots trades, page-5

I think the ASX position on this is is suspect to say the least The CEO allows them to trade while complaing that they are causing the rise of dark pools where large trades are done off market.
His defence is that he had to allowit because other markets (read chix) would do it actually he didnt have to if he had not let them on the asx they would have been marginalised His problem is he wants to continue covering all the market as if there was still no competition he is not accepting the reality of capitalist free enterprise
He is probably hoping that legislation will solve this problem for him I have an easier answer that does not involve legislation just charge each and every trade at a full rate no discounts for multiple trades I dont thinkl it would last long after that started