That is from algorithmic trading run by some companies and probably individuals. They deploy computer programs which automatically place tiny orders based on predictive algorithms, sometimes like momentum trading and other times attempting to drive prices in a direction. For the most part they both buy and sell and end up with a small profit (or loss). This method originated in the USA years ago and the regulators must not have found a significant issue of market manipulation and let them run. I don't think they influence prices significantly even in the short term.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$11.32 |
Change
-0.090(0.79%) |
Mkt cap ! $449.8M | |||
| Open | High | Low | Value | Volume |
| $11.41 | $11.46 | $11.03 | $209.1K | 18.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15 | $11.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.40 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| LYL (ASX) Chart |