I am a trader from Canada, I know a lot about trading the Canadian mkt but not much yet about the ASX (I am slowly learning). Both seem quite similar.
In Canada we now have "alternative trading systems", which means I no longer HAVE to buy / sell my stock on just the Toronto Stock Exchange, I can also post my bids / offers on any one of the ATS systems (alpha, chix, pure trading, omega).
It is important here in Canada to look at all these mkts before buying / selling. Just curious does Australia have similar ATS market places, or is it just simply the ASX and thats it?
Also in Canada we have what is called an "Iceberg" order, basically an offer / bid may show only 10,000 shares but is really 1,000,000 shares. It just keeps renewing itself every time 10,000 is purchased / sold. Does the ASX allow iceberg orders, or anything similar?
Thanks for any comments / help. I would be more than happy to help someone learn about the Canadian mkts if they were willing to help me learn the ASX.