Daytradng 101... A place to ask simple questions. 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 : Daytradng 101... A place to ask simple questions.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Walt Campbell who wrote (2)	2/16/1998 8:55:00 PM
From: Cash	Read Replies (1) of 32

Walt, just a bit more info for you on SOES. It can be done remotely. The costs can be kept down. You just need a PC. Keep in mind that with SOES, Market Makers are required to honor the price they show on the bid and offer which is great because if you really want to get in or out, you can hit the SOES button on your order entry system to force the market maker to make a trade he doesn't want to. The bad news is that each market maker only has to trade 1000 shares if he's SOESed and then he can change his quote. So if there are 3 market makers selling INTC at a price that 100 people with a SOES machine want, guess how many get it at that price. (Clue: the three with the fastest fingers).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next