Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tekie2k who wrote (14727)	11/18/2001 11:11:34 PM
From: LPS5	Read Replies (3) \| Respond to of 18137

mm can DELAY REPORTING A TRADE FOR A CERTAIN AMOUNT OF TIME (90 seconds?). Any market participant - dealers, proprietary traders, and the like - need not print a trade to the tape for up to 90 seconds after execution. Dealers, proprietary traders, and direct access folks do not have the option, though, of delaying (for the aforementioned 90 seconds or less) SelectNet executions, SOES executions, and trades done on ECNs which are transmitted and printed accordingly via ACT. The ones whereby a 90 second or less clock comes into play typically, and overwhemlingly, pertains to telephone initiated trades, such as in OTCBB and Pink Sheet issues. this is a new rule that came in a few months ago to help the mm (like they need it)[.] LOL, where'd you get that from? That rule is a part of the UPC (Uniform Practice Code), and has been in effect for years. LPS5