Magna: Yes, a market order always has preference over any limit order on the NYSE, even if the limit is more than the bid/ask. The specialist...
Janko: Yes you can open an IB account (or anywhere else for that matter) if you hold a series 7/63 liscense. If you are presently not employed...
Roger: For the past few months I have been working on 3 different systems each with unique attributes. All are based on some form of technical...
The best source of analytical information is probably First Call, but it is rather expensive for an individual. Unfortunately you will probably...
Sasha: Yes, unfortunately there is no way to know who is who on the INCA book (unless you work on the Instinet trading floor) or how much size...
Sasha: I used to have an Instinet terminal when I worked for a firm. It does show you the whole instinet book, but I've never seen it show how...
dkamp: I started with cybertrader, but soon realized that the commissions were just too much for a person trying to develop a trading system....
vitajex: In that example, if the specialist is protecting me and there's a bid for 1200 shares and someone comes in and tries to sell 1200...
Thanks for all the positive feedback. If I can help in any way I'd be more than happy to contribute to this group. dkamp: I first worked...
Let's assume this happens for the rest of the week. I've now sold 100,000 shares and the stock is down $1.25. This is why a discount bid right...
p2: When you need to buy/sell a large amount of an illiquid stock, the first thing you do is make some calls "upstairs" to the trading desks on...
dg: From my own experiences I've found that certain stocks work well with certain trading strategies, while others do not. I have extensive...
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