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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Eric P who wrote (7318)5/20/1999 6:34:00 PM
From: Tai Jin  Read Replies (1) of 12617
 
Since MMs can continue to display their price for a few seconds after the fill, what happens to a market order that comes in if there are no other limit orders at that price (assuming it is at the inside market)? Is it executed at that price, and if so, who fills the order?

...tai
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