BLY 0.00% $2.91 boart longyear group ltd

asx/asic/algo trading, page-3

  1. 523 Posts.
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    Hi Rudders yes I know and even if they were active they are pathetically slow because they are more concerned with covering their arces than getting the job done.
    Actually I was hopeful of this board and its members starting a combined boycott of all shares tainted by Algo trading even if only for a day at a time but the interest does not seem to be there. I wonder what would happen if the majority of retail traders in those stocks affected were suddenly to disappear for a day???
    How would our brokers react and how would the algo system interpret this and how would the ASX react???
    It is not difficult to organise if we identify all stocks affected by algo trading that are subjects to HC posters but it needs someone who is respected and known on this forumn to get it rolling I feel.
    Hopefully someone like Botkiller might take up the challenge.

    Cheers

 
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