when a stock trades $3m a day and it takes 2 hours and 0.5% slippsge to buy $30k worth, it is money straight into the pocket of some flea
the big end of town is doing a lot of crossings away from the ASX yet the exchange seems to encourage fake liquidity providers as its addicted to the revenue
the liquidity is there until you actually need it - better not to have it in the first place I reckon otherwise it creates a false market
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when a stock trades $3m a day and it takes 2 hours and 0.5%...
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