up nearly 50% already lol
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up nearly 50% already lol
NZX's web page ,, WHATSUP !!
Nothing illegal about that Ogg. If people were putting orders into Direct, or ASB and frontrunning those would you be calling for Direct and ASB to be suspended? If sharesies punters want to have their order filled they need to put in a limit order.
I will admit their algorithm is a bit suspect but you need it to safeguard market integrity in illiquid stocks. But it is what it is. An open and transparent market.
If you want to go and "front run" go buy a bunch of CBD right now at $1.06 and see you successful you are. Liquidity will catch up in the end. Instead of complaining about it, do something about it and beat them at their own system. If enough punters are sharesies get Pissed enough they might change their settings.
There we go, all the sharesies bids at $1.04 got taken out. What do front runners at $1.08 do now?
Day traders rushing for the door