Have a look at CBA trading, >15,000 trades in first 3 hours, is 1.4 trade per second average parcel <5.
I hope one day the ASX computer locks up completely and the ASX looses so much money that they go snip snip with the bot trading.
One day it will happen and ASIC will be forced to step in and relieve ASX of their trading license, because of allowing insider trading.
There must be more people trading shares without the Bot advantage than with Bot advantage. ASIC has to protect the general public, not a very few illegally filling their pockets.
One wonders who on the ASIC is filling their pockets!!!
AVZ Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held