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Chi-X trading platform, the ASX should streamline the trading so all banks and brokers should show the same trading volume on the one platform.

It is rather annoying to permanently check 2 screen for the one share price.



For when Chi-X platform was launched in 2011:

Tal Cohen, Chief Executive Officer of Chi-X Global, said, “We are confident that our presence will
continue to deliver benefits for all Australian investors through lower trading fees and a more robust
environment that encourages liquidity and investor interest in the Australian market.

“We commend the efforts of the government and regulatory agencies that have worked tirelessly with Chi-X
Australia and the industry to achieve this result that delivers competition, innovation and reform in
Australia’s financial markets,” he added.





I would expect 1 cent to disappear in one big move and with it opening the move substantially higher.
The current 1 cent wall is the remnant of a very long period of capping efforts and probably includes some 1 pip traders hoping for a lucky thousand dollars in the making.


The recent trading shows typical signs of accumulation, large chunks followed by silence.

Last minutes of trading today might be interesting.

Next move should see a price well above 1 cent, in my opinion.