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Strategies & Market Trends : Trading For A Living

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To: jawd who wrote (575)	6/29/1998 2:11:00 AM
From: R Stevens	Read Replies (1) of 1729

jawd, One problem I have had with Datek is, if I put in a limit order to sell below the current ask, and I then see my "new" lower asking price show up on the real time inside quote, my sell does not always get executed even though I see some other trades take place at the price that I originally offered first. (This doesn't happen on NYSE stocks because they have a first in first out system.) How does your MB Trading set up work on getting sell filled on the Nasdaq when you undercut the current lowest ask. How do you get others to buy YOUR shares as opposed to someone elses? Thanks, RS

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