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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: Dustin who wrote (4784)	3/23/2000 12:31:00 AM
From: Dan Duchardt	Read Replies (2) \| Respond to of 4969

Dustin, I am still wondering what the regulations are for the specialists. When do they have to show my order? Anyone? I was hoping somebody who really knows their stuff would answer this part of your question. There are certainly rules that apply to handling your order, but as I understand it there are many possibilities, and it might depend on how your order is submitted by your broker. It could be that your order is sent to the floor of the exchange to be handled by a floor broker before it is ever seen by the specialist, so the answer may be more complex than the regulations for the specialists. I won't presume to try to give you the answer. Dan