Today you could of got filled on CXU at 1.3 cents, despite their being millions before you on queue at 1.3 on ASX, everyday Chi-x orders are purged, which means at 10 am you can enter a chi-x order, and you will be first in queue on chi-x, and today you can see CXU traded 1.3 and only chi-x got filled.
Its a great way to trade, because you jump the queue of all the ASX. And now you have buffer of the millions on the bid at 1.3, so its basically a free shot trade, take a tick at 1.4, or scratch it at 1.3.
CXU Price at posting:
1.4¢ Sentiment: Hold Disclosure: Not Held
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