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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Derrick Burry who wrote (28426)	1/8/2000 4:59:00 PM
From: Chad Barrett	Respond to of 62348

<< I can't see either having an effect on how long it takes them to submitt an order to the floor. They still would have to review the order before submitting. >> Doesn't matter if you can see it Derrick... <ggggg>... Like I stated in my earlier post, I think Investorline prioritizes market orders. I can't say that for sure, but it does seem that way to me. The resaon for this would be fairly obvious when everyone is complaining about execution speed. Trades at market should hit the market ASAP. Trades with a price limit may not even be possible to be filled at that current time (although traders will sometimes specify a limit about the current price just in case the stock runs a bit, most people specify a limit below the current ask), hence you leave them until the market orders are entered.... I'm not saying they do this, but it would actually make sense to me if they did (except when they are delaying a limit order of mine.. <ggg>). This is all just my guess based on experience. AND, Investorline does have a little warning message that pops up when the market is close to the dialy close that indicates market orders get filled quicker (or something like that). That message might just be warning about the likelihood of getting a fill After the order has been submitted by them though? I don't want to fill this thread with too much of this discussion since there is another thread for that purpose... sorry for giving everyone the extra messages to wade through...