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Non-Tech : MB TRADING

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To: - who wrote (4830)6/1/1999 1:28:00 PM
From: tom pope  Read Replies (1) of 7382
 
>>With ARCA, as long as you get the order timing right and set the price correctly, it will be able to go out and work the order for you (as you know, it's a Selectnet preferencing engine) and drag in the fills a "peice at a time", all for one lot charge. It's great when it works, which I find is most of the time. If you try to do this using ISLD, you'll end up placing several orders and paying multiple ticket charges.<<

Maybe I'm missing your point, but as long as you don't cancel and replace, multiple fills on ISLD are, in my experience, only charged one ticket.

I agree that some of ISLD's fills are weird. I set a personal best on Friday buying 1k ORCL at 24 191/256 on a 3/4 order with ISLD.
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