After Hours Trading(ECN)-The Coming 24/7 Trading Explosion Message Board

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Strategies & Market Trends : After Hours Trading(ECN)-The Coming 24/7 Trading Explosion

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To: Lola who wrote (38)	4/9/1999 4:54:00 PM
From: brec	Read Replies (2) of 314

The TSE's web site doesn't explain what happens when a member doesn't find a matching order on the electronic system that is reasonably near recent transaction prices. What does happen? I don't see how one can reasonably expect to immediately turn around and sell at the same price what one has just bought. Spreads are inherent in markets. At any instant when there is no spread, there is an execution which clears that condition and leaves a spread once again.

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