MGT 0.00% 28.5¢ magnetite mines limited.

Official description.You will see “NXXT” in the course of sales....

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    Official description.

    You will see “NXXT” in the course of sales. NXXT is an NBBO Crossing (crossed trade) that has resulted from matching a buyer and a seller of a particular stock, and the buyer and seller are clients of the same broker. Using the ASX or Chi-X trade reporting facilities the broker is able to notify the market that a crossed trade is being executed at the current NBBO price.This type of trade typically occurs when a broker has managed to automatically match an order with the order of another client of that particular broker through the broker’s internal Crossing System.

    Un-offical descriptions have various results however some people say it can be a signal to "someone" that on market selling has finished and that "someone" commences on market buying. Type NXXT into the HC search bar.
 
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