The following insert is taken from the AFR's article titled "ASIC to reform share trading" Wednesday 22/04/2020
"The job of fixing the current inadequacies in the clearing and settlement process has fallen at the feet of Greg Yanco, ASIC’s executive director, markets, who is working on a share trading reform package.
Yanco has floated several ideas while consulting with market participants but the most likely solution is a minimum order size for trades during normal trading hours. It is possible the minimum dollar amount per trade will be $500."
If he brings in min $500 trades , say goodbye to short sellers HF and Algo traders !
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$32.47 |
Change
0.190(0.59%) |
Mkt cap ! $4.738B |
Open | High | Low | Value | Volume |
$32.13 | $32.47 | $31.95 | $9.514M | 293.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200 | $32.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$32.49 | 1924 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 32.410 |
1 | 100 | 32.380 |
1 | 100 | 32.370 |
1 | 100 | 32.360 |
2 | 1008 | 32.350 |
Price($) | Vol. | No. |
---|---|---|
32.490 | 1924 | 4 |
32.500 | 2405 | 2 |
32.520 | 808 | 1 |
32.540 | 1848 | 1 |
32.550 | 2536 | 2 |
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