ASX 1.00% $63.64 asx limited

how tricom shorting effected asx..good read

  1. 2,842 Posts.
    Hi,

    Anyone who trades in our market the two links are a must read...

    First link relates to interesting reading article on how the events at Tricom nearly bought the whole ASX and settling of trades to it's knees over the past weeks.

    http://www.theaustralian.news.com.au/story/0,25197,23146975-23850,00.html

    ...and secondly how shorting of stock has become such a much bigger part of our market and that much of the shorting on the ASX now takes place really "outside" the official disclosed shorts.

    http://www.theaustralian.news.com.au/story/0,25197,23145969-20142,00.html

    Hope ppl enjoy and gives an insight into why our market is swing so wildly over past few weeks something I have never seen in following the market for over 25 years (and I suspect) many here on HC have not either.

    Cheers
    Muzz
 
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