Trading Reform

HF trading has played havoc with the aim of trading , namely price discovery. You have these bots trading just 1 share at a time...............

This maybe about to change...................


From another post

"The following insert is taken from the AFR's article titled "ASIC to reform share trading" Wednesday 22/04/2020
"The job of fixing the current inadequacies in the clearing and settlement process has fallen at the feet of Greg Yanco, ASIC’s executive director, markets, who is working on a share trading reform package.

Yanco has floated several ideas while consulting with market participants but the most likely solution is a minimum order size for trades during normal trading hours. It is possible the minimum dollar amount per trade will be $500."

If he brings in min $500 trades , say goodbye to short sellers HF and Algo tra"

Good for NEW