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  1. #1
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    Default Nearly 5PM - why is the selling so much lower prices?

    This is the first time I aware of this. End of trading why is there such as difference in the figures. Eg. ASB Securities under Depth. AirNZ Buy/sell 3.59/2.88.

    Would it just get updated by tomorrow as the other orders come in ....


    Cheers.
    Last edited by rayonline; 30-11-2017 at 04:10 PM.

  2. #2
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    Quote Originally Posted by rayonline View Post
    This is the first time I aware of this. End of trading why is there such as difference in the figures. Eg. ASB Securities under Depth. AirNZ Buy/sell 3.59/2.88.

    Would it just get updated by tomorrow as the other orders come in ....


    Cheers.
    What is the question you are actually asking?

  3. #3
    Reincarnated Panthera Snow Leopard's Avatar
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    https://www.nzx.com/investing/nzx-trading-hours

    welcome to the pre-close which ends with the close.
    om mani peme hum

  4. #4
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    It looks like the figures are OK now.

    Just before 5PM today with AirNZ the Depth screen showed quite different figures like 3.59/2.88 for the buy/sell. I was just wondering why that was.

  5. #5
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    Quote Originally Posted by rayonline View Post
    It looks like the figures are OK now.

    Just before 5PM today with AirNZ the Depth screen showed quite different figures like 3.59/2.88 for the buy/sell. I was just wondering why that was.
    Happens everyday, both pre open and pre close with all stocks. Observe and it will become clear to you.

  6. #6
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    Quote Originally Posted by rayonline View Post
    It looks like the figures are OK now.

    Just before 5PM today with AirNZ the Depth screen showed quite different figures like 3.59/2.88 for the buy/sell. I was just wondering why that was.
    Hi Rayonline

    Its just queue jumping at the end of trading so a buyer or seller closes or opens a position regardless. You will also see this around opening with highly traded stocks on the ASX. I think a computer matches them up so they generally buy/sell for market. I hope this makes sense. Properly someone can explain it better

  7. #7
    Reincarnated Panthera Snow Leopard's Avatar
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    Unhappy Dyor

    Quote Originally Posted by Paper Tiger View Post
    https://www.nzx.com/investing/nzx-trading-hours

    welcome to the pre-close which ends with the close.
    You can lead a horse to water, but...
    om mani peme hum

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