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Non-Tech : Waterhouse Securities

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To: T.R. who wrote (550)6/26/1998 11:33:00 AM
From: VincentTH  Read Replies (2) of 2076
 
Folks,

Has anyone noticed that your open order no longer gets displayed in the RT quotes lately?
Previously, when I placed a trade, it showed up immediately at the bid/ask in the real time quote. That is especially true with options where the volume is low.
Recently, after the order status is OPEN, the order to sell at 2 1/2 is not displayed even after 20 mins later (BidXAsk 2 5/16X11/16).
I used to observe this behavior with Fidelity, and I understand that Fidelity handle all orders thru their MM, so they pocket the difference.

What has changed at Waterhouse recently?

//Vincent
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