Okay, here is my source - where is yours. Do you think exchanges do not take their own market rules seriously? Stormer, provide me a credible source that backs up your claim that there is not a random close time. My source is below.
Ref: https://www.asx.com.au/about/trading-hours.htmClosing Single Price Auction
The Closing Single Price Auction takes place between 4:10* pm and 4:12 pm, Sydney time.
ASX Trade calculates closing prices during this phase.
*Random + 60 secs