Australia's largest stock trading and investment forum Australia's #1 stock forum

ORE

5.11%

$6.13 orocobre limited

Ann: Orocobre Limited - Olaroz Stage 2 Expansion FID Approved, page-37

First 37 Last

Share
Profile

Follow
a-doris

24 Posts.

30/11/18

11:09

Post #: 36701694
Share

Originally posted by dyeman: ↑

The ASX would fight it tooth and nail - their biggest customers (the brokers) wouldn't want it because it would make it harder (or at least a lot more expensive) for them to manipulate the market and fleece retail investors, and the ASX makes a lot of money from allowing the broker's computers priority access to the ASX's computers in front of "normal" traders such as retail investors so they can do their fleecing.

Some light reading:

https://www.abc.net.au/news/2012-04-11/kohler-high-frequency-trade-parasites-at-heart-of-asx/3943052

https://www.smh.com.au/money/investing/share-wars-how-the-robots-are-robbing-you-20120825-24t4t.html

https://www.smh.com.au/money/sharemarkets-rigged-by-trading-robots-20140426-37avz.html

Expand

Originally posted by dyeman: ↑

The ASX would fight it tooth and nail - their biggest customers (the brokers) wouldn't want it because it would make it harder (or at least a lot more expensive) for them to manipulate the market and fleece retail investors, and the ASX makes a lot of money from allowing the broker's computers priority access to the ASX's computers in front of "normal" traders such as retail investors so they can do their fleecing.

Some light reading:

https://www.abc.net.au/news/2012-04-11/kohler-high-frequency-trade-parasites-at-heart-of-asx/3943052

https://www.smh.com.au/money/investing/share-wars-how-the-robots-are-robbing-you-20120825-24t4t.html

https://www.smh.com.au/money/sharemarkets-rigged-by-trading-robots-20140426-37avz.html

Expand

Thanks for that dyeman.
A must read for all investors.
I had little knowledge that that was how it was done.
Frightening !!

ORE Price at posting: $4.31 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

CMB

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

CAF

IP anomaly thrills Cannidah with project extension hopes in QLD

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

C1X

iTech inks deal with Chilean lithium giant to progress Reynolds Range

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

There are more pages in this discussion • 6 more messages in this thread...

First 37 Last

Add ORE (ASX) to my watchlist

Ann: Orocobre Limited - Olaroz Stage 2 Expansion FID Approved, page-37

Top Stories

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

IP anomaly thrills Cannidah with project extension hopes in QLD

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

iTech inks deal with Chilean lithium giant to progress Reynolds Range

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

Featured News