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clock Created with Sketch. 14/04/20
14:36
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Originally posted by BobF:
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I've had concerns several times about the way the details of depth of trading is not visible to people trading on Commsec and similar platforms. I trade from NZ using Direct Broking, owned (now) by Jarden & Co. I see exactly the same things on the depths as JWB says he sees, and I came to similar conclusions, and had also independently heard the same stories re ultrafast trading outfits with direct real-time access to the market.
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The slow processing of orders when there's unusually high market activity is so frustrating. One of my backup brokers takes up to 15 minutes to show whether a trade has gone through, which seems like lightspeed compared to yours.. Also, it's difficult to ascertain what's happening at the best of times, but if you're not using dynamic data updates (i.e. you don't have to refresh your webpage) you'll miss a fair bit. The course of trades data is generally accurate however.
(20min delay)