HIGH SPEED ACCESS {HSAC} Message Board

STOCKTALK

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.

Technology Stocks : HIGH SPEED ACCESS {HSAC}

HSAC 13.88

-5.4%

Dec 18 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stephen who wrote (189)	6/16/1999 1:04:00 PM
From: Don S.Boller	Read Replies (1) of 963

"Can there be partial fills?"....Yes, of course there can. The specialist (listed stocks) may have (for example) many individual buy orders at a given price - 1500 for Merril @ 22 5/8, 3700 for Smith Barney @ 22 5/8, 8100 for Morgan @ 22 5/8 (assuming last trade slightly above 22 5/8) bid side of market now 13,300 @ 22 5/8....asked is whatever the sell orders make it...remember, overall - prices TEND to move to the biggest position on the "book"...o-t-c is different a bit due to lack of central post (many market makers)...don't forget that block trades are negotiated in both places). In the above example...a seller comes to the specialist with a "market" order to sell 15,000 shares...a fill would be reported on 13,300 @ 22 5/8 and the remainder at bids below. Hope this helps. Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next