Good evening everybody,
I need to ask a question, probably a stupid question but I'd love to find the answer to it. I've attached an image to show you what I mean.
This morning at 10:35 AM(20 Oct 2009), ASX stock RXM made an announcement, so it was temporarily unavailable for a few minutes to trade, perfectly normal right?
Then the amazing thing happened.
When it reopens again at 10:45, I noticed that some people were able to buy it straight away on the spot at 10:45:00 on the dot, not even half a second delay. How did they do this??? I'm sure if I refresh the page over and over again trying to place the order I would inevitably delay by 2 or 3 or even more seconds or so. But often this small delay makes a big difference? I've searched all over Google for an answer but to no avail. Can you gurus help me out here please?
I'm thinking, there's gotta be a tool they use to help them get in front of everybody else, right?
If anybody could give me any information at all I would appreciate it very very much. Thank you. Attached is a picture to show you what I mean.