I am very upset about how price improvement (aka, pennying) is done. Specialists, in a variety of ways, step in front of market orders that are...
That would certainly be a welcome rule. One can only hope. The BIG problem is that Specialist firms are public entities with profit motives...
I wholeheartedly believe what you are telling me. Why would a Specialist firm get involved in a low-liquidity issue, if it couldn't make money on...
I agree with your contentions, but the fact that I trade very thin liquidity stocks, and am always entering limit order below market, and there...
BTW, I trade very thin-liquidity listed stocks. And I would say on average, when I have a limit sell order, that at least 5 "price improvements"...
Last comment based on your prior post, which you just edited.....please review the rules, before commenting. I don't mind...
That is incorrect. It has nothing to do with being outside the market.
I guess you don't have a clue on how it works. Market orders that are price improved don't hit the the best bid/offer, as they should under...
This is a ridiculous concept, which mitigates the usefulness of the Limit Order Book, on the NYSE. Specialists capriciously use this "rule" to...
And Specialists have access to this ? Or are you joking ?????
Can NYSE Specialists identify traders who place trades on their books ? If so, how ? And, if so, should this not be made illegal, since it...
I trade thin liquidity NYSE issues, and the price improvement "algorithm" is running rampant these days. More than I have ever seen, and more than...
Not worth that kind of money, unless they provide the home telephone #'s of the Specialists, so that I can call them at home, to tell them how...
Thanks for the replies. I didn't mean interim-druing-the-day changes - I meant actual replacement changes due to rotation. I am speculating...
Does anyone know the "rules" of Specialist firms, in regard to how long a specific specialist will handle a given stock, before being rotated off...
I was running on a 400 Mhz Pentium under W2000 until recently. I ran RealTick, its Talnet data feed server, IB java app, EXCEL, and 2 customer...
I claim it is NOT ! I trade thin liquidity NYSE issues, and the price-improvement "algorithm" is running rampant these days. More than I have...
Hi guys, I just wanted to start a thread that compares these 2 products, and spurns some debate over their merits/flaws. I am an equities...
I was wondering if anyone else enjoyed Chris' book, "Day Trade On-line". It is somewhat dated, since it was written pre-decimalization and...
As a Junior member of ET, I cannot yet rate the Direct Broker vendors, and just wanted to share my first year of experience with IB. I had...
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