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 !
News: ALX Atlas Arteria Group Says Qtrly Weighted Average Traffic Fell By 8.8%, page-2
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Last
$5.16 |
Change
-0.060(1.15%) |
Mkt cap ! $7.486B | |||
| Open | High | Low | Value | Volume |
| $5.20 | $5.22 | $5.16 | $15.06M | 2.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7314 | $5.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.22 | 14475 | 3 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| ALX (ASX) Chart |