That's why I think chi-x is a total load of sheet and it p*sses me right off.
Why 2 exchanges? Why not 6, or 53? Then try and figure out what a co's market cap should be.
Here we have the best volume of the day routed away from the ASX and through chi-x.
And that 17 cent line stays in place.
Buyer and seller should get something out of trades routed through this 'chi-x'. Maybe reduced brokerage for a start. And you should be able to specify which exchange the trade occurs on. The whole thing is dodgy and amounts to more 'broker shenanigans'.
IRC Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held