15 min Closing Auctions

[David123]

HMM

 

[visual]

I`ve just noticed that on Etrade the trades that go through after 3.59 arent shown.Can someone tell me why? I `m sure that this hasnt always been the case.Did the 15min.affect that process as well?

 

[rozella]

You are right visual, I just checked on their basic site in market depth, only upto 4.00pm....but they show the matchout course of sales on Power Etrade.

I wouldn't think the 15 min matchout would affect this on the basic site. Why don't you ask them ? They probably want you to upgrade.

 

[visual]

Thanks,Rozella,
unfortunately I dont trade enough to justify the expense of Power etrade,
would you know how else I can look at that information for free?

 

[visual]

Rozella,
took you advise rang etrade,eventually the manager informed me that its a glitch and i should be seeing this information,dont need power trade.Still not fixed though.

 

[visual]

Rozella,Etrade just rang market depth should be on test mode soon.Well see if the glitch has been fixed

 

[rozella]

Thats good Visual.

Are you using the basic etrade site ? I use the basic site just to place orders when I use etrade, as most of my trades are with other brokers.

I will check out the market depth at Etrade tonight on the close.

rozella

 

[rozella]

Wow....XAO rose 12.5 points in the matchout period

 

[tech/a]

So what do "They" know that I/we dont!

Normally a leading indicator to FTSE trading----etc.
Bit of Bullishness would be nice.
Still dont think all the Bears have been shaken!

 

[rozella]

Funny thing......XAO dropped 11.5 points in the matchout yesterday, leaving a cleaner slate for June.

 

[sails]

Here's a link to an ASX notice to say that the closing auction will be shortened to 10 mins as from the 17th July. http://www.asx.com.au/investor/pdf/notices/2006/Clm09306.pdf

Also of interest to options traders is that the lunch time break is to be scrapped from the 10th July - although initially market maker obligations will not apply during 1-2pm. But still nice to know that one is no longer completely "locked out" if the underlying security takes off during lunchtime .

 

[bullmarket]

yes - 10 mins CSPA sounds much better to me