"In a detailed report published in 2013, the Australian Securities and Exchange Commission found the Australian stock market was one of high integrity and quality"
"there is no problem of market rigging in Australia"
The reality is one of "See no evil" except where it is on a retail account.
Some snapshots from recent days.. probably not in the HFT basket which is a convenient diversion from the larger issue of algo and market maker 'operations'.
marking the close
marking the close
9 levels sell side only stacking removed in a microsecond.
marking down and discouraging buyers after a 300k buy.
Some of the above have been brought to ASIC's attention, but no action, I guess because of the account they came from?
But these are all OK, because they are done by the pillars of the financial community? What a laugh the SEC which has similarly been denying there is a problem only acts after the FBI start investigating. Rotten Rotten Rotten and controlled by wall street types.
But what would I know. I am only one of the citizens who have to abide by the law. Not a corporate who has free reign and can act with impunity.
