The following insert is taken from the AFR's article titled "ASIC to reform share trading" Wednesday 22/04/2020
"The job of fixing the current inadequacies in the clearing and settlement process has fallen at the feet of Greg Yanco, ASIC’s executive director, markets, who is working on a share trading reform package.
Yanco has floated several ideas while consulting with market participants but the most likely solution is a minimum order size for trades during normal trading hours. It is possible the minimum dollar amount per trade will be $500."
If he brings in min $500 trades , say goodbye to short sellers HF and Algo traders !
News: ALX Atlas Arteria Group Says Qtrly Weighted Average Traffic Fell By 8.8%, page-2
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Last
$5.38 |
Change
0.020(0.37%) |
Mkt cap ! $7.776B | |||
| Open | High | Low | Value | Volume |
| $5.36 | $5.39 | $5.34 | $414.5K | 77.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 10685 | $5.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.39 | 7272 | 11 |
View Market Depth
| Last trade - 10.32am 04/06/2024 (20 minute delay) ? |
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Last
$5.39 |
Change
0.020 ( 0.12 %) |
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| Open | High | Low | Volume | ||
| $5.36 | $5.40 | $5.34 | 42549 | ||
| Last updated 10.51am 04/06/2024 ? | |||||
| ALX (ASX) Chart |