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Non-Tech : MB TRADING
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To: Char who wrote (476)7/11/1998 10:24:00 PM
From: jawd   of 7382
 
Whether you are above or below MM's at the same price, it makes no difference as to whether or not you get filled. The level-II screen is an indication of who is offering what - it is not an indication of who is NEXT to be served. MM's are not under any obligation to buy/sell from/to any ECN or other MM unless you hit them with a SOES order up to the quantity they offer.

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