Why is CXXT cross trade rubish?
It would dumbfounding if the bank I have investments in (CBA) didnt perform Cross Trades for shares that are bought/sold by it clients!
Just incase you don't know what XT is... it means, the broker traded it without paying majority of ASX fees
- Client A of X broker wants to sell some shares of XYZ and it was matched internally, than the broker updated ASX - not paying matching fee
- Client B of X broker wants to buy some shares of XYZ and it was matched internally, than the broker updated ASX - not paying matching fee
It would be crazy for medium to large brokers (in fact even a tiny broker) not too match, that 1 share would be overflow
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Why is CXXT cross trade rubish?It would dumbfounding if the bank...
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36 | 378788 | 0.760 |
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0.785 | 191262 | 12 |
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