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Strategies & Market Trends : RealTick III -- Ignore unavailable to you. Want to Upgrade?


To: davealex who wrote (164)1/8/2001 9:09:31 PM
From: AugustWest  Respond to of 311
 
Thanks. I was noticing the same thing #reply-15142475 same time different stock. I hadn't placed it on ARCA though as I didn't see the bid/ask skipping around on them.



To: davealex who wrote (164)1/9/2001 3:17:53 PM
From: Eric P  Read Replies (2) | Respond to of 311
 
Dave,

I've just been using ARCA stops for a few days, but from my limited experience, my ARCA stops have not been going "live" until the bid or ask hits the stop price. I have not seen buy stop orders go live, for example, when it's printing at the stop price while the inside ask is still below the stop price.

Would you mind explaining how the ARCA stops work? Does the customer has any options on choosing what triggers a stop?

Thanks,
-Eric



To: davealex who wrote (164)1/9/2001 9:48:52 PM
From: Wayners  Respond to of 311
 
They need to make the arca stop triger on the bid or ask and not the print. Common sense if you ask me. Back to the drawing board Townsend.