monday trade, page-34

LOL BF.
One of the TU,s is mine.
Whether its XT,XXT,NXXT,CX,,CXXT,P1XT,P2XT,they all come out of the same witches cauldron.
Whats of interest to me is the NXXT.
The definition is shown below,but as we all know how much BS plays in the market..eg..An NXXT also dislays BOTS..check course of sales today..or any other day.
really doesnt fit the definition of matching clients.


What does “NXXT” mean in course of sales?




NXXT is a type of 'crossing' or 'crossed trade' (known as an NBBO Crossing) that your broker (CommSec) reports to the ASX. A 'crossing' or 'crossed trade' is when a trade has resulted from matching a buyer and a seller of a particular stock, and the buyer and seller are clients of the same broker. An NXXT is a crossing that has occurred at the current NBBO (see definition below) price and has been reported to the ASX.

This type of trade typically occurs when CommSec has managed to automatically match your order with another CommSec client order through the CommSec Crossing System.

Does it affect the price of my trade?
As the crossing has been reported at a price "at or within" the current NBBO price, you are not disadvantaged in any way. In fact, your order may have been executed faster than it would have been if sent to public trading venues, or at a price better than that listed on the public trading venues.

Has been filed under BS.