Algos trading based on a predetermined strategy. For example, buying 1% of volume spread across the day. If volume is small, naturally then those predetermined settings will result in small orders being placed. This is done so that instos can make large orders without impacting the share price (so it actually avoids manipulating prices)
Unlike us they can't buy and sell all the shares they want just by clicking a button, they have to do it over an extended period of time so rely on these strategies
Algos trading based on a predetermined strategy. For example,...
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Last
24.0¢ |
Change
-0.015(5.88%) |
Mkt cap ! $61.16M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 24.0¢ | $208.5K | 837.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 204524 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 8000 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AXE (ASX) Chart |