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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Eric P who wrote (6842)3/27/1999 12:53:00 AM
From: Tai Jin  Read Replies (1) of 12617
 
Eric, thanks for the clarification. Under what circumstances would you want to post an order to the ISLD book (bid above market or offer below market)? The only thing I can think of is to implement a stop limit order, but since your order is visible it could be taken out before the market gets to your order. So you might use an invisible order, but it might still be taken out (with lower probability).

thanks...tai
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