Forum Archive Index - November 1999

[Adam Rands <adam@iguana.co.nz>]

The NZSE refuse to accept that the small to medium sized investor wants 
market depth and thus does not make it available on any signals they 
provide to the public subscribers..depth is only available to brokers

Iguana (developers of stockscape, access brokerage, stockwatch.co.nz etc 
etc) have approached the NZSE many times over the last 4 years to try and 
obtain this information..

They refuse to budge..They are the only exchange in the world (as far as i 
know) who do not disclose this info..

The NZSE have to start moving with the times.. even the ASX who are 
renowned for being the most belligerent exchange in the world allow depth 
and charge a lot less for their market information...

Time for the NZSE to wake up and start to promote the market rather than 
hinder it..



Adam Rands
Iguana Information Services












At 10:56 AM 11/1/99 +1300, you wrote:
>Hi there,
>
>I was wondering if a member of the NZSE would be able to shed some light 
>on why market depth information is only available for NZSE members?
>
>Obviously this is valuable info, enabling members to trade at a 
>significant advantage over the general public... do regulations prevent 
>them posting this info online, or is it just the cost of providing this 
>service?
>But given that Stockscape (at Direct Broking) is fully automated, I would 
>have assumed it wasn't a major technological challenge...
>
>Thoughts?
>
>
>Phil Williams
>Animation Design
>Hyperactive New Media
>Wellignton, NZ
>p +64 8019550
>f +64 8019560
>
>
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