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[sharechat] Market Depth


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Mon, 7 Jan 2002 13:40:38 +1100


Happy New Year all - hope everyone has had a pleasant break.

The following article recently appeared on InvestorWeb and I thought I'd
send it through because it gives a good explanation of how market depth
works - and how sharebrokers still have an advantage over individual
investors.  It concerns the Australian market but the same situation applies
in New Zealand.

Here's the link:

http://www.investorweb.com.au/mb_story_details.asp?GroupNumber=94&ItemNumber
=18955

I definitely recommend having a read - it clearly points out what the
pitfalls are in viewing limited market depth.

Best Regards

Ben Dutton


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