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


To: Morpher who wrote (2016)12/15/1997 9:17:00 PM
From: David Smith  Read Replies (2) | Respond to of 4969
 
Morpher...the only ECN I use is INCA. INCA offers far greater liquidity and trade size than ISLD, since INCA is more of a professional trader's tool. Yes, if I am about to sell stock to a client and there is an ISLD offer for 100 shares on the inside market, I will often take that offer so I can sell the stock to the client at a higher price; it depends on how long the ISLD offer has been there and for what size. I think ISLD is a GREAT tool for the daytrader....there is a reason why I hate it professionally.