Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: cog who wrote (11414)	7/14/1998 1:45:00 PM
From: tom pope	Read Replies (1) \| Respond to of 120523

ISLAND is an ECN which I think stands for Electronic Communicatons Network, meaning it's not a broker. If your system permits the use of island, it's a means of showing your bid or offer to the market. Of course, the pros may choose to not to deal with you for whatever reason, but the system does guarantee that your bid or offer will be represented to the market. This can be very useful if you have the sort of broker who justifies a non-fill with the argument that the "bid (or offer) never came to your price" even tho there were multiple trades at better prices. E-schwab did that to me regularly. Island or another ECN does not guarantee a fill, but it improves your chances. If you use ABWatley, they have a button in their Ultimate Trader for Island. So does MBTrading, who are my favorites. I think I saw a good description of Island on another thread. Will look for it and link it here if i find it.