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Strategies & Market Trends : DAYTRADING Fundamentals
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To: LPS5 who wrote (8442)5/12/2000 1:20:00 AM
From: Mark Davis  Read Replies (1) of 18137
 
I've seen some of this strangeness as well. Coordinated blasts of ISLD bids/offers, clearly computer controlled.

If some desk really wanted to test the waters, I would think a single bid on INCA or ISLD would be enough. Doesn't that cover just about every execution platform, without bothering with ARCA BTRD and REDI?

Also, if you post a bid and cancel fast enough, is the bid really hitable? Since there is a lag in L2 display, it may appear there, but actually be killed by the time you see it. Just a thought.
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