Interactive Brokers / Timberhill Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan Duchardt who wrote (1044)	1/21/2001 1:26:00 PM
From: RockyBalboa	Read Replies (2) of 9012

Also, I have noticed that on some of the less liquid ECNs like BRUT and BTRADE there are often bids a full point below what would be a "best bid" and offers a full point above what would be a best offer. I don't know if it is by design, or just coincidence, It's easy to get lax about checking the whole number part of the price instead of just the fraction. It appears to be a method of some people, and I notice a number of bad trades (on isld, as well as other ECNS). A time back (on 05/22 during market hours ) a couple of IMCL shares was hit on a 7 bid (after eating the 77 bids) which is by far the worst example which I remember...the 2 to 3 point drops are often to see in less liquid stocks which are on sale having few ECN bids and MM going out of the way.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next