HZN 5.13% 20.5¢ horizon oil limited

0.0025 increments ?, page-4

  1. 87 Posts.
    This is a centre point trade. The ASX added this functionality at least 18 months ago and it allows you to trade in between price ticks. It's very helpful for stocks like HZN were the 0.05c spread represents quite a large percentage of the price. Unfortunately, most retail investors don't have this functionality as their brokers refuse to properly update their platforms. I questioned Comsec on this and the first person I spoke to had no idea what it was and the second told me something along the lines of "bad luck, we can't offer you best execution".

    You should demand that your broker provides access to this functionality, Particularly in you trade stocks with small stock prices.
 
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