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.
Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?


To: gbh who wrote (827)7/9/1998 12:15:00 AM
From: Darren  Read Replies (1) | Respond to of 1729
 
This is freely available on the internet at isld.com
I use it just about every day.


Right, but using CT, you can set it to default ISLD orders or not, meaning when you see those weird prices of 15/64, you are automatically Bidding the right price, not fooling with the keyboard or mouse...

It sounds like you use ISLD quite a bit. Do you end up getting a lot of partial fills, or is this just a Datek thing?

No, ISLD is notorious for partial fills. CT has a feature that will send an order for 334 shares if you get 666 shares, for example, to get your originally ordered 1,000 shares. It will just keep hammering until it gets the fill, or you can cancel it...same commission if you get a split fill completed in less than 5 minutes (i.e. one commission). The other good thing about the ISLD book on screen is that you can see when you are going to get a split fill, or take a different route (Selectnet Broadcast, for example).