Share
815 Posts.
lightbulb Created with Sketch. 215
clock Created with Sketch. 19/02/21
09:59
Share
Originally posted by memememe:
↑
Not sure i'd go along with the comparison with oil ... Sure, all resources tend have a fixed supply, but it's increasingly clear that petro demand likely to decline indefinitely at the same time that technology (shale, fracking etc) allows more efficient recovery of what is there ... and what is there is going to stay there forever until extracted (although technically i guess the supply is actually increasing slightly as eons pass!)any particular trading 'strategy ... nearly always works' ... if it did, we would all be inclined to follow it, causing it not to work any more. Alternatively, the strategy would rapidly be built into trading software and become redundant even faster !do entirely agree with you about transparency and post-market-close ASX activity. Yesterday was an extreme example for BNL.inside the trading period are processed outside the actual trading period. This is a straightforward IT task and, assuming every transaction is time-stamped, it's easy to apply these transactions in the correct sequence, produce a net result for any orders still in the pipeline when the clock ticked 4:00. A simple 'back-order' situation.received by ASX after market close ... that doesn't sound right ... or does the time-stamp published by Commsec refers to the time that transactions were processed in 'catch-up' mode?
Expand
Normal trading hours are 10-4 however from 4.01-4.10 the market goes into a pre open phase where investers can continue to submit orders as if the market is open While clients can submit orders with brokers anytime brokers submit them from 7am to 10am brokers are also able to trade from 4.11 to 5 under certain condition. So the market doesn't really close till 5 .. brokers can also continue to submit trades up until 7pm as long as done before the cspa price was set at 4.11 and will appear in the morning of the next day pre open
(20min delay)