Open Markets have been doing that for ages. pick up whatever they can on ChiX (queue jumping) then 1 second later it appears on the offer a tick higher.
they rely on the retail brokers algorithms of sweeping ChiX first for volumes, once that runs out they start getting into the ASX bids/offers.
always ask your broker to transact on ASX. transacting on ChiX (and most people don't even know they are) just plays into the algo's hands.
Overhang seller gone !!, page-33
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Last
96.0¢ |
Change
0.015(1.59%) |
Mkt cap ! $144.5M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 98.5¢ | 94.5¢ | $87.27K | 91.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6648 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 7010 | 3 |
View Market Depth
| Last trade - 15.57pm 15/07/2024 (20 minute delay) ? |
| HCH (ASX) Chart |