Interesting thread.
I have hated this type of software trading for years as it changed the market dynamics.
Conversations held long ago, these bots are owned by Companies that actually rent space from the exchange and have "fat pipes" into the bourses. That's why you get the .005 pip trades before you can hit an Offer.
I tested this long time ago and got a please explain why you are trying to do a $5 trade and any trades I did cancelled.
Really! How about the 50c trades going all over the place...
I guess I don't pay rent to the right people.
All very much my own opinions after 40 years of seeing IT go from Cards to Cloud.
IT
Interesting thread.I have hated this type of software trading...
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Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $93.72M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $57.92K | 5.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1096517 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6194756 | 13 |
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| PCL (ASX) Chart |