"...for a monthly fee they are able to trade millions of dollars of shares between entities anytime ..."
I think the word I used was "unlimited", which means carte blanche.
As I understand, all the big firms have servers connected directly to the ASX server with cables EXACTLY the same link, so that no one firm can be accused of having advantage.
That does not have anything to do with any software advantage one may have over another, triggering stop losses for example, etc.
The late trade of which you speak, put that to Flash or Grass, because, well that is;...
"...for a monthly fee they are able to trade millions of dollars...
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Last
87.5¢ |
Change
0.025(2.94%) |
Mkt cap ! $2.121B | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 85.3¢ | $8.253M | 9.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30489 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 252133 | 14 |
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