Not really correct. There are many different exchanges. You can be first in line on one exchange and it can trade at your price on any another...
My account at Fidelity lists the money I have in SPAXX as non margin buying power, and twice that amount as margin buying power. SPAXX is one of...
The funds are available for trading.
It may not matter much if you are trading SPY options which are .02 wide, but it does with most other options. If you enter a limit order with RH...
Fidelity charges .65 a contract for options. Not zero commission
Fidelity's current rate they are paying in their "SPAXX" money market fund is 4.98%. They don't charge $5 a month and you're dealing with...
It could just be an error with their platform, not intentional. Many years ago, my execution platform was blocking orders in pennies in a product...
Wait, they only allow pennies above 3? Thats even stranger, if they did limit pennies, you would think it would be to only options below 3. You...
For an option to be quoted in pennies, it must be part of the "Penny Program." This is basically based on overall volume and can change. The OCC...
I don't necessarily agree with this. I this isn't simply out of the money strikes trading nickels. What is different here is how extremely out of...
Interesting, never thought of some type of marking motivation.
As others have mentioned, its generally going to be where the order was filled that would bust a trade. The exchanges will have specific rules on...
I knew you would be the one to go to. Thanks for checking.
Yes, I just edited my comment. It was marked as "regular"
I believe it was just "regular" as the condition (just checked time and sales). Don't remember anything special. Print was at 3:49:35 ct in the...
Extremely aggressive paper. He started bidding on the 3700 puts and kept going down in strikes until filled. The 12,000 lot on the 3100 strike...
Was hoping you would have the answers. You're the connected one, not me.
Doesn't seem possible to me either. Thats why I posted here to see all possibilities.
What was the trade? Options? Futures?
Bob, our firm typically looks down 20% overnight in the SPX. If one of your customers sold a bunch of these, would it have been a problem?
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