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

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To: LTBH who wrote (4270)	5/22/1998 8:35:00 PM
From: Eric P	Read Replies (1) of 12617

Networm: I've got several ideas that may explain what you've experienced: 1) Assuming you abbreviated the price and the full price of the stock was 21 3/4 x 21 15/16, ==> Then I don't believe NASDAQ will display quotes in 1/32 increments and they will be rounded to 16ths. This is true for all stocks priced below $10/sh ( or $12/sh??). Or... 2) Once the marketmaker receives your limit order which is at a better price than he is displaying, he has 30 seconds to either fill your order or display your order to the marketplace. How long did you wait to see your order? Or... 3) ==> You're getting screwed by the marketmaker to whom your order is being routed. Call your broker while the order is open and ask him/her why your order is not being displayed. Hope this helps, -Eric

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