No $1.36 , instos don't pay per trade, more likely an annual fee to the ASX, divided over zillions of trades, hence their robots algo's can play with 1 and 2 shares at a time. As an individual punter you can sign up for a "trading" account which with some platforms can be very cost effective per trade of course depending on how many trades you make a day, I would imagine it's impossible for a retailer to get into alogo trading though, happy to be corrected if someone is doing it out there?.
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No $1.36 , instos don't pay per trade, more likely an annual fee...
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---|---|---|
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1 | 50000 | 0.042 |
2 | 36900 | 0.041 |
6 | 246083 | 0.040 |
2 | 43666 | 0.039 |
Price($) | Vol. | No. |
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0.049 | 10000 | 1 |
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