Delayed Pricing
The prices that most people see ??? for example on a stock market ???ticker??? on most general websites ??? are in fact what are called delayed pricing. You might see a price for Telstra stock, and assume that is the price that???s being paid right now on the stock exchange. In fact, this is delayed pricing, where the trades that went through at that price may have in fact occurred 15 or 20 minutes ago. Delayed pricing is in fact the norm for most reports about the stock exchange, and for many investors, and for many stocks; a short delay in the price is not a huge obstacle to effective trading. Unless major news intervenes, many larger companies trade within a fairly narrow band of 1 or 2 percent movement across the course of a day, and so delayed pricing by 15 minutes is unlikely to make a major difference most of the time. However, there are circumstances where delayed pricing might have a big impact. One example is when major news ??? for example, an interest rate rise that hasn???t been predicted by the market ??? is announced, and prices move very suddenly. You might be relying on delayed pricing from 15 minutes ago where the market is now paying quite a lot more or less for your chosen stock because of the news. A more common example of challenges with delayed pricing is the example of smaller companies where because there???s less trading and volume, prices can move very sharply with a small number of trades. In this case, delayed pricing might again show you a price that was in play before the most recent trades, and so you might be making trading decisions on out-of-date information.
Best Value Online Trading Products
| Company | Product | Standard Brokerage | Star Rating | Go to Site |
|---|---|---|---|---|
 |
Silver | $15.00 | ||
 |
Share trades Internet Preferred | $19.95 | ||
|
Gold | $15.00 | ||
 |
E*TRADE Standard | $19.95 | ||
|
CommSecIRESS | $19.95 | ||
 |
Rapid Trader Standard | $20.00 |
This table is based on the 'Casual' profile which is characterised as trading 10 times per year. 'Best value' is determined by Canstar Cannex star ratings with 5 stars denoting outstanding value.
Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.
Legal textTo the extent that the online trading information on this website constitutes general advice, this advice has been prepared by RateCity Pty Ltd ABN 12 122 743 542 AFSL & ACL 316710. The information has been prepared without taking into account your individual investment objectives, financial circumstances or needs.
Before you decide whether or not to acquire a particular financial product you
should assess whether it is appropriate for you in the light of your own personal
circumstances, having regard to your own objectives, financial situation and needs.
You may wish to obtain financial advice from a suitably qualified adviser before
making any decision to acquire a financial product.