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26/03/18
12:06
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Originally posted by jake0002
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IF some mkt participants have access to the info not available to Etrade members and other share trading platforms, then the market should be shut down.
It is THE most basic of tenents of trading on the ASX, that ALL market particpants have access to the same information.
That is THE most BASIC of the functions of the ASX.
For a large number of online platforms such as Etrade, St George etc, to not provide its customers with market depth, inability to properly place orders etc, has created a very obvious inequitable situation, where some traders do have access to the most basic of trading information - ie an uneven playing field.
The mkt should be shut down until this issue is fixed.
Also, the ASX has the power to fine brokers who do not provide the service they are supposed to.
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In reality ALL market participants do not have access to the same information.
For example, the retail mug punter does not have access to broker activity in ASX stocks. That is, who has traded what and at what price.