Similar to Robinhood in the USA, they can make money from interest on users account and eventually margin lending.
Most of the money IS NOT made from the trades themselves (for any broker, not just selfwealth).
If they get to 3% of market penetration anyway they can probably afford to roll their own solution instead of using openmarkets.
Ann: Trading Halt, page-9
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $27.80M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 12.0¢ | $157 | 1.305K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 204443 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 77800 | 5 |
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| Last trade - 15.00pm 04/10/2024 (20 minute delay) ? |
| SWF (ASX) Chart |