Let’s talk about that “expression of interest” thing. That is a...

Let’s talk about that “expression of interest” thing. That is a ridiculously insulting way of characterizing the bids and offers Goldman sent out. What they were doing was sending fake bids and offers or pinging the markets to get market-makers and traders to move their quotes to trigger trades

Basically, the same strategy as using down ticks, to trigger
sell orders. Max, I hope you can use some of the above article in your Senate submission on ASIC ability to regulate the markets from these vultures. My experience when talking to politicians on these matters, is that they would not have a clue how trading algorithm's work ,and attempt distance themselves from reality, Ivory tower syndrome.