The reason the SPI was introduced was for instos to be able to hedge their portfolios.
The traders ie speculaters are the ones that ad the liquidity to the market.
Without them you would have instos trading with each other
and not being able to get set,now theres a thought.
what happens after the short cover rally today, page-10
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Last
7,989.6 |
Change
68.300(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,921.3 | 8,000.0 | 7,921.3 |
| XJO (ASX) Chart |