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To: Glenn D. Rudolph who wrote (42015)4/2/1998 7:14:00 PM
From: Igor Nasonov  Read Replies (1) | Respond to of 61433
 
<I would have to research this further to be certain>

Glenn -

If you would be able to confirm MM's stop orders visibility, please
post it.

Happy Trading, Igor



To: Glenn D. Rudolph who wrote (42015)4/2/1998 8:56:00 PM
From: Quaddad  Read Replies (3) | Respond to of 61433
 
I believe the rules changed last spring and limit orders are
visible to the market makers.

Glenn,

You are correct about the new nasdaq rules and limit order visibility. On a stop limit order, you enter your stop activation price. When the stop is activated, the order is entered into the system as a limit order. At which point it would be visible the the market.

Q


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