SI
SI
discoversearch

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.
Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: Morpher who wrote (8198)4/27/1998 6:54:00 AM
From: gbh  Read Replies (1) | Respond to of 16892
 
That's not true. If you are at the bid and somebody preferences ISLD or uses a broker that automatically checks against ISLD (like Datek), you'll get filled.

Yes, this is supposed to be true, but it just hasn't been my experience.

That's also incorrect. Most orders go to MMs and they have an option to fill them from their own inventory at your price without touching your order.

Yes, they can fill orders ahead of you, provided they move their bid up to meet yours. Thats exactly my point. When I have been absolutely certain my best was best bid, I've always been the next fill at that price.