"Greg Yanco says ASIC has increased the action it's taken over automated trades.
GREG YANCO: It's not high frequency trading that we've drawn out in this report, it's more about badly written or poorly written algorithms that cause spikes in the market or may cause a cascading effect."
Thanks for the post HUGE
So the ASIC know that the A/T trading is causing cascading shareprices
And after countless approaches from shareholders it A/T is still going on
There are many companies on the ASX that are being affected by the cascading A/T
Perhaps it is time that the management of these companies combined their legal might in a targeted approach to ASIC
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