Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: gbh who wrote (8190)	4/26/1998 11:34:00 PM
From: dumbmoney	Read Replies (1) of 16892

However, if your ISLD bid is the current best bid, then a market sell anywhere on earth should go to you (and I believe it does). Nope. Even then you are not guaranteed a fill. It is totally at the discretion of the market makers. (You should get filled if a sell order is sent to ISLD, of course). You could actually be disadvantaged by using ISLD (versus a market maker) because you can't get filled by someone using SOES. Personal experience: one time my sell order was alone on the ask all day and I never got filled, even though many thousands of shares were traded at that price. This is life on the Nasdaq...

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