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Strategies & Market Trends : Level II Trading -- Ignore unavailable to you. Want to Upgrade?


To: Scott who wrote (453)4/9/1998 12:59:00 AM
From: G.F.  Read Replies (1) | Respond to of 1086
 
Scott, what I have found as a problem when trying to establish a best price is that as soon as I put in the bid or offer, a MM will automatically undercut or join my price. I am thinking this happens because I am putting in my price at critical times and the MM has good reason to prevent my fill(if it were so easy to undercut the MM he would go out of biz)

Any thoughts or recommendations?

GF