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


To: LPS5 who wrote (7564)3/23/2000 5:24:00 PM
From: Dustin  Read Replies (1) | Respond to of 18137
 
Thank you, so is the ITS kind of like an ECN?



To: LPS5 who wrote (7564)6/7/2000 2:59:00 PM
From: Wayners  Read Replies (2) | Respond to of 18137
 
I use ISI for NYSE and its the biggest piece of crap. You can't hit a bid or ask with a limit order because it takes 20 to 30 seconds to just get the order to the exchange by which time the quote is gone. Trading on NYSE results in a ratio of 12 cancelled/unfilled orders to every fill.