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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Eric P who wrote (4605)10/3/1999 5:53:00 PM
From: -  Respond to of 18137
 
That is how it (ARCA) works on that type of order, just as Eric describes. In that kind of a situation, I often get immediate fills coming in from the different price levels, to build the position. Nice, automated, fast. Of course, if the offers are setting there on the ISLD book, that's a bit faster; but they rarely are -- at that time those guys are usually trying to buy it, just like me. -Steve



To: Eric P who wrote (4605)10/3/1999 8:35:00 PM
From: Tai Jin  Read Replies (1) | Respond to of 18137
 
Okay, thanks for the clarification. However, if the inside MMs show sufficient size then you are still stuck at that level. I guess that's the situation I'd like to see addressed. I would like an option which allows my order to be filled by any and all ECNs up to my limit before or at the same time as trying the MMs.

...tai