Ring and email the ASX and demand that the manipulative trading...

Ring and email the ASX and demand that the manipulative trading in RAU be investigated

ASX Surveillance Team

[email protected]

029227052

Here are some links if you want to knbow the rules in my view whoever was trading this today broke them

Now for the links - if you wish to know what is happening, look at each one thoroughly.


http://www.asx.com.au/supervision/rules_guidance/asxl/asx_gn01_prevention_of_man ipulative_trading_transactions.PDF

Pages 3 and 4 are interesting in this link:
http://www.asx.com.au/supervision/rules_guidance/asxl/asx_gn22_automated_order_p rocessing_operational_requirements.pdf

This link gives a list of ASX trading rules:
http://www.asx.com.au/supervision/rules_guidance/market_rules.htm

This link is interesting in that it outlines the rules of Section 13:4 - "Prevention of Manipulative Trading". The ASX has these provisions in place, but relies on the rules being self-enforcing - there is very little anyone could do to prove manipulation - even course of sales data could be disputed.

http://www.asx.com.au/supervision/rules_guidance/asxl/asx_section_13.pdf

The ASX has dealt with heaps of manipulation - we are just not informed of it as it make bad press but I have found they will investigate