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Non-Tech : CYBERTRADER

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To: Chas who wrote (2268)4/2/1999 4:40:00 AM
From: Robert Cohen  Read Replies (3) of 3216
 
Please explain how Datek allows an Island order that can be used as a stop loss. If you look at the current ISLD book for any stock you will see BIDS at the inside BID and below and the ASK at the inside ASK and above. I don't see how you can place an order to Offer shares below the current inside BID.

Robert
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