bot - no brokerage, page-6

The ASX recently completed a study on algorithmic trading. I recently read a blog about it:

http://asxstockselector.blogspot.com/2010/02/algorithmic-trading-on-asx.html

I understand that the investor wishing to buy or sell a large quantity of shares decides on a set commission or % to pay to the broker for trading the entire block of shares regardless on how many fills there are.