The following insert is taken from the AFR's article titled "ASIC to reform share trading" Wednesday 22/04/2020
"The job of fixing the current inadequacies in the clearing and settlement process has fallen at the feet of Greg Yanco, ASIC’s executive director, markets, who is working on a share trading reform package.
Yanco has floated several ideas while consulting with market participants but the most likely solution is a minimum order size for trades during normal trading hours. It is possible the minimum dollar amount per trade will be $500."
If he brings in min $500 trades , say goodbye to short sellers HF and Algo traders !
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Last
$32.11 |
Change
0.070(0.22%) |
Mkt cap ! $4.686B |
Open | High | Low | Value | Volume |
$31.90 | $32.28 | $31.82 | $5.499M | 171.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 881 | $32.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$32.15 | 174 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 626 | 31.580 |
1 | 157 | 30.320 |
1 | 33 | 30.300 |
1 | 340 | 29.410 |
1 | 61 | 28.830 |
Price($) | Vol. | No. |
---|---|---|
32.710 | 80 | 1 |
32.820 | 403 | 1 |
32.840 | 302 | 1 |
32.900 | 288 | 1 |
33.000 | 2032 | 10 |
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