CBD - Cannasouth Ltd

[blackcap]

A good start would be when a market participant has over 100 buyers or $100,000 in order volumes at the same price it should "hide" further order information from showing. In other words, it should show the infinity symbol "∞"

That would be a good start, and if they also hid the number of participants that would help too. But an order with the infinity symbol in a company like CBD it would not take long to work out that that is a sharesies order.

[t.rexjr]

Sharesies should also cancel market orders if the price moves plus or minus 20% of the opening price. These order should be canceled automatically and must be re-entered by the client.

They could advise their clients to place limit orders & not market buy. Market buying is seldom the right tool

[bull....]

They could advise their clients to place limit orders & not market buy. Market buying is seldom the right tool

except in fast moving markets , a limit order will get left in the dust

[t.rexjr]

except in fast moving markets , a limit order will get left in the dust

As does 3000 market buys when loaded all at once...

In fact the only time I personally use market buy is when its predictable

Fast moving and I'd Market buy/sell next to never...

[bull....]

As does 3000 market buys when loaded all at once...

just like any market you can only buy whats offered , so you have to keep raising the bid to get filled supply and demand.

for many in NZ they probably dont see many fast price action situations so its all a wonder

[daveypnz]

Appears to be another pump building. I put in a limit order at $1.00 with sharesies, which should be matched right away as plenty of shares being offered at that price. Looks like I've just been thrown in with the market order though.

[bull....]

Appears to be another pump building. I put in a limit order at $1.00 with sharesies, which should be matched right away as plenty of shares being offered at that price. Looks like I've just been thrown in with the market order though.

if you wanted a dollar a market order was best if stock offered at that price , limit order means broker can attemt to get a better price for you than what you stated

[nevchev]

Appears to be another pump building. I put in a limit order at $1.00 with sharesies, which should be matched right away as plenty of shares being offered at that price. Looks like I've just been thrown in with the market order though.

Doesnt look like a pump to me.hope you didnt pay $1.00

[daveypnz]

if you wanted a dollar a market order was best if stock offered at that price , limit order means broker can attemt to get a better price for you than what you stated

Yeah I know, just figured it may have matched me with the best offer at $1.00 or below rather than putting me in with the bid but obviously not.

[bull....]

That's correct.

That's why retail platforms are crap. ASB also does this. It tries and gets you a better price even with limit order. It works "most" of the time but not with illiquid or fast moving stocks.

There should be a third option when trading "execute at and only at"

your right the retail platforms are pretty basic in NZ