AL8 0.00% 0.4¢ alderan resources limited

Ann: Rio Tinto hits 33m at 1.9% Cu & 0.65 gpt Au at Cactus Canyon, page-112

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 31 Posts.
    lightbulb Created with Sketch. 2
    Hey Prolific, the general idea is the owners of clever algorithm software run their server in a data centre physically very close to where all ASX trades are processed. This cuts the comms delay to a bare minimum which in turn allows the software to complete trades faster than everyone else. The software watches slower trade orders come through, a.k.a retail traders and gets in before it settles. If an order is placed for a large buy, the share price should go up. The algorithm is sensitive to this and will soak up some of that sp increase before the large buy is even done...

    See High Frequency Trading on wiki for further info on how this makes investing crappier for most.
 
watchlist Created with Sketch. Add AL8 (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $6.682M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
17 44252836 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 17797477 12
View Market Depth
Last trade - 09.35am 01/11/2024 (20 minute delay) ?
AL8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.