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.
Non-Tech : Interactive Brokers / Timberhill
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Megert who wrote (997)1/13/2001 6:38:49 PM
From: Dan Duchardt  Read Replies (1) of 9012
 
John,

So...you're saying that when I see a group of lots (at the lowest ask price in LVL2) that ISLD is not in and I submit a buy order, ISLD is not actually executing against one of those in the list. What it's doing is putting my buy (bid) on their books and someone is specifically selling to me.

Yes. Specifically selling to you, or perhaps you are being selected as the best bid out there by an auto routing system that has a direct link to ISLAND such as IB's Best Execution, among others. Whatever the case, such orders usually go very fast.

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