SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scott who wrote (4130)5/13/1998 6:02:00 AM
From: steve goldman   of 12617
 
If it were offered at 1/8, ISLD would not have taken the order as the 1/8 bid for ISLD would have crossed the market. I think ISLD auto-kicks these out.

Now , MM's, i believe CAN cross the market (20 1/16 x 1/8) or lock the market 1/8 x 1/8.

ISLD will only execute against SNET preference orders. Again, you could have addtl mm on the bid and someone SOES'd or SNET preference or simply used broadcast snet to send the order.

What exactly happened would require a picture of L2 at the time and times/sales etc, and even then you have to kind of guess., but its understanding whats happening that is critical to being a trader, in essence, that is what being atrader is about, knowing what the market players are doing, who's buying and who's selling.

Also note, this wasnt my stock ormy trade, but one that someone asked about. I didnt even look at l2 (if you can even find a place where its reconstructed) or t/s (that you can print up 'old').
-Steve@yamner.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News