how it's done, page-14

  1. 259 Posts.
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    well done dnvan, stumacca, aka hooter.

    keep chipping away at it.

    can you think of any other players from the following?


    The players

    ASIC - Market Disciplinary Panel

    Members of the House of Representatives, Federal Government of Australia

    Members of the Senate, Federal Government of Australia

    High-frequency share traders using computers with Algorithmic share trading programmes.

    ASX Group - High-frequency traders are valued by the ASX Group who run the share market exchange because HF traders buy and sell large volumes every day, which adds liquidity to the system. HF traders generate income for ASX Group, in the buy and sell transaction fees charged by the ASX Group. For example, the ASX Group execution fee for a $1 000 000 transaction is 0.000028 multiplied by 1 000 000, which totals to $28.00.

    Retail share traders - online computer share trading via an ASX participants webpage share trading platform. e.g E-trade, Comsec, BellDirect etc....

    Fair trading - Corporations Act, section 1041(a) and 1041(c)
 
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