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Strategies & Market Trends : RealTick III
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To: davealex who started this subject1/8/2001 8:42:09 PM
From: davealex  Read Replies (3) of 311
 
Bad, bad, bad, bad thing on RealTick today if you use ARCA stops.

Irregular orders, which normally come across in purple and are marked as IRG, were not. They were showing as regular prints. Which meant they were marking up the charts in strange ways (see AMGN, for example, around 11:40 to 11:55 -- these prints instantly jumped the stock more than 3 points on the charts). This was not a single bad print or even two. Terra Nova sent a message at this time explaining what was happening.

Now, this would just be a nuisance except for one thing -- your ARCA stops use the prints to trigger. So if you were short AMGN and had a buy stop, it would have triggered on a huge series of incorrectly-marked irregular trades.

Dave
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