They are 2 exchanges. The reason the SP closed at 75 is that the last trades went through the ASX at 75 after the last trades at 70 on Chi-X.
Brokers can execute through either exchange. But there is rarely an "arb", as the last trades reflect two orders at different times. Eg a party sold at 70 and the broker executed at the time through Chi-X. Chi-X received no more orders and then another party subsequently bought stock at 75 which the broker was able to execute through ASX.
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They are 2 exchanges. The reason the SP closed at 75 is that the...
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---|---|---|
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17 | 7499 | 3.610 |
14 | 32748 | 3.600 |
10 | 17310 | 3.590 |
9 | 54089 | 3.580 |
Price($) | Vol. | No. |
---|---|---|
3.630 | 4183 | 27 |
3.640 | 6417 | 20 |
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