Would it not be a bit like insider trading ? Like having one...

  1. 14,067 Posts.
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    Would it not be a bit like insider trading ?
    Like having one solicitor working for both parties ?

    Does make it hard to trade as they in effect are not "genuine" decisions to buy and sell. But of course the authorities do not see the harm in it.
    Maybe there should be a minimum charge for each share transaction because all parties have to keep the records

    I have just seen today's trading on AJX and it is full of very small transactions


    Column 1 Column 2 Column 3 Column 4 Column 5
    0 0.935 225 210.375  
    1 1:18:56 PM 0.930 52 48.360  
    2 1:17:53 PM 0.930 4 3.720  
    3 1:12:41 PM 0.930 53 49.290  
    4 12:57:26 PM 0.935 184 172.040  
    5 12:54:38 PM 0.935 482 450.670  
    6 12:53:37 PM 0.935 4,000 3,740.000  
    7 12:51:10 PM 0.935 826 772.310  
    8 12:50:25 PM 0.930 50 46.500  
    9 12:50:25 PM 0.930 50 46.500  
    10 12:50:25 PM 0.930 4,404 4,095.720  
    11 12:49:06 PM 0.930 850 790.500  
    12 12:46:53 PM 0.930 236 219.480  
    13 12:43:59 PM 0.930 12,500 11,625.000  
    14 12:41:01 PM 0.930 687 638.910  
    15 12:40:54 PM 0.935 344 321.640  
    16 12:40:40 PM 0.930 53 49.290  
    17 12:40:37 PM 0.930 2,204 2,049.720  
    18 12:40:29 PM 0.930 55 51.150  
    19 12:40:29 PM 0.930 1 0.930  
    20 12:40:09 PM 0.930 51 47.430  
    21 12:40:09 PM 0.930 51 47.430  
    22 12:35:25 PM 0.9275 52 48.230 CXXT
    23 12:25:55 PM 0.925 52 48.100 XT
    24 12:20:04 PM 0.935 918 858.330  
    25 12:16:46 PM 0.935 5,768 5,393.080  
    26 12:16:46 PM 0.930 223 207.390  
    27 12:16:09 PM 0.9275 55 51.013 CXXT
    28 12:04:09 PM 0.9275 55 51.013 CXXT
    29 11:43:00 AM 0.925 1,091 1,009.175  
    30 11:39:09 AM 0.935 627 586.245  
    31 11:37:38 AM 0.930 430 399.900
 
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