XJO 0.84% 7,955.9 s&p/asx 200

This market is virtually untradeable. Sure you can point to...

  1. 6,609 Posts.
    This market is virtually untradeable. Sure you can point to examples where intra day you could have made a buck but they are few and nothing (other than the fall in AGO) makes too much sense. I wonder when Comsec and eTrade will wake up to the fact that the 1/4 cent trade business is taking cash away from them. They cannot earn money unless my buy or sell gets hit but I have had orders front of queue for the last few days that do not get touched all day because all the volume goes through either Chi-X or 1/4 cent.

    It is all fast becoming pointless. And did any of us receive a discount on brokerage due to the new competition? I didn't think so. Chi-X exists so the big boys can manipulate IMHO.
 
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