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View Full Version : Why would someone do this? NZO 5/02/2013 @1645


Huskeez
05-02-2013, 04:54 PM
4312

Can anyone enlighten me:mellow:

I seen it happen yesterday aswell
Huskeez
05-02-2013, 04:55 PM
Im referring to the buyer @ .096 when there are sellers @ .0945 all the way to .096?
Huskeez
05-02-2013, 04:57 PM
Im referring to the buyer @ .096 when there are sellers @ .0945 all the way to .096?


Checked again now hes putting a bid in for .965? Just confused Thats all
Omega
05-02-2013, 05:15 PM
4312

Can anyone enlighten me:mellow:

I seen it happen yesterday aswell

It's the normal day end process that occurs between 16:45 at 17:00. Same process occurs pre-market opening at 10:00am. Here's the ASX link that explains how it works.

http://www.asx.com.au/products/calculate-open-close-prices.htm
Glendoonie
05-02-2013, 06:19 PM
Thanks, Omega. I had often wondered why 'weird' things happened to the quotes near the end of the day.