Hang on a minute, who do you think churns the price…….Insto’s. Who uses algorithmic trading ………..Insto’s. Who churns the price to either gain or shrink a position……….Insto’s.
Insto’s are the churners!
Might be beneficial to have a read over this.
https://www.investopedia.com/terms/m/marketmaker.asp
Cheers.
NEU chart, page-1032
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 (20min delay)
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Last
$19.97 |
Change
0.000(0.00%) |
Mkt cap ! $2.552B | |||
| Open | High | Low | Value | Volume |
| $19.96 | $19.97 | $19.69 | $4.156M | 209.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246 | $19.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.99 | 512 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |