CLOSED- Gone Fishing

CLOSED – GONE FISHING! Earlier this week the ASX restricted trading times and even cancelled trades due to technical difficulties. So as investors what can we learn from this event and how can it improve our understanding of the way asset markets function?   Gone Fishing We have all had endure technical issues at some time or other; a program crashing before you have saved your work, unable to open a corrupted file or worse still a complete hard disk meltdown. Whatever it is I feel your pain! But what about the ASX? We expect faultless execution from their platforms and systems – yet earlier this week the ASX trading system failed and the market had to deal with restricted trading times and even cancelled trades as the ASX struggled to get its systems running faultlessly. The ASX spend millions each year on technology and security in order to ensure 150
By | 2018-09-21T14:22:40+00:00 September 22nd, 2016|Cycles, Shares|0 Comments