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 : DAYTRADING Fundamentals
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jon Tara who wrote (8298)5/5/2000 11:53:00 PM
From: Dan Duchardt  Read Replies (1) of 18137
 
Jon,

The rule should not be "trade or move".

It should be "trade".

The rule is trade: Trade for the size shown (under the firm price rule), and move if the MM is not willing to completely fill an order for at least 100 shares more than the size shown. The only legitimate reason for not filling to the size shown is the MM handling a prior order. The presumption is that if the MM has more shares s/he is willing to move at your price, and you have asked for more, then you are entitled to it.

I'm not saying they follow the rule, just that they do have the obligation.

Dan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News