The Final Frontier - Online Remote Trading 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.

Strategies & Market Trends : The Final Frontier - Online Remote Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TFF who wrote (11119)	1/15/2004 4:01:13 PM
From: Ira Player	Read Replies (1) of 12617

Why are they building the model as nickel quote, penny execution? When all exchanges 'upgrade' to that model, you still may not get best national price. You may want to sell and ask for price improvement. It goes to BOX, where the bid is the same as national best, $3.00 and someone has $3.01 for price improvement. Someone at CBOE could have the same 3.00 bid, but allow 3.02 for price improvement. Why is this model superior to going to penny increments? Ira ps: Also, any opinions on when customer bids / asks will be required to be represented as they are in equities? I'm so tired of seeing bid / ask at 3.00/3.10 and I submit a sell at 3.05 and it sits there while there are continued prints at 3.10 and the bid / ask never moves.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next