just read the above post from royboy.. whilst I don't know the ins and outs of bot trading i am still a little sceptical. firstly, when a broker takes both sides of a trade it must be fully disclosed so i'm not sure about bots filling their own orders. Also ASIC now have responsibility for investigating insider trading, market manipulation and the like, however prior to this the functions where still separated at ASX for reasons of transparency. I believe it was either a condition of their float or the merger with the SFE. Either way, again we are accusing the ASX of an activity which is expressly forbidden under the Corps Act. I doubt they would be getting away with it if it were true.
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