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Strategies & Market Trends : From the Trading Desk
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To: steve goldman who wrote (2608)2/22/1998 11:10:00 PM
From: whuffo  Read Replies (1) of 4969
 
Steve,

I'd thought I'd ask you this question about ISLD instead of Datek because I figure that I'll get a straight answer from you:

I've had more than one occasion to be on the inside via ISLD and be the only one there (no MMs with me on the inside) and seen several trades print by at my bid or ask but didn't take out my order on ISLD. How does this happen? If I'm the only represented inside order (bid or ask) shouldn't the next trade at that price hit me?

Thanks,
Ron
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