MGX 0.00% 36.5¢ mount gibson iron limited

"intense HFT capping"? HFT stands for High Frequency Trading, so...

  1. 591 Posts.
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    "intense HFT capping"?

    HFT stands for High Frequency Trading, so I'm not sure that a stock like MGX that has ~200 trades per day is really on their radars. Go look at the blue chips, which have something like 10,000 to 20,000 trades per day.

    To "cap" a stock, all it takes is some numpty either with a big holding (or a big borrow) to plonk it in the offer. I don't understand why you would think HFT has any part in this ... ?
 
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