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Strategies & Market Trends : DAYTRADING Fundamentals

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To: LPS5 who wrote (6321)1/6/2000 7:19:00 PM
From: cloudless  Read Replies (1) of 18137
 
LP, I have no choice if I do the auto routing. There is a way to send it to a specific market maker. I'm not sure if I can send it directly to an ECN. That's what I want to do, right?

Now that I think about this ~ this is why my fills are taking so long and I'm at the top of the little pop. It's sending to 5 market makers for 12 seconds before going to Island ~ so if I enter a bid the same as the inside bid it's not going to get filled by the mm unless it's advantageous to them (in which case the stocks about to fall in price) or until 60 seconds has passed and it moves to Island, in which case I'm last in line.

I've got to go look at this routing and see if I can't send it directly to ISLD first.

Thanks LP for making me take a look at this! Cloudless
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