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Slow ASX is an insult to traders

Readers’ letters on tardy trade times for investors; outdated management styles at Qantas; Peter Dutton and the ABC; non-uni pathways to accounting; and AUKUS decisions.

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The collective clownery at the ASX continues to fall over its left feet. The ASX cannot explain the necessity of having a 20-minute delay in providing update share prices to private investors using third-party information platform providers.

The 20-minute delay works for information providers buying the ASX trade data and on-selling it. But why do investors need to suffer such a delay in seeing updated prices? Surely that trade delay could be just one to two minutes, providing investors with more of a feel for which way markets
are moving – especially in volatile times.

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    Original URL: https://www.afr.com/markets/equity-markets/slow-asx-is-an-insult-to-traders-20241002-p5kfat