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To: pae who wrote (10018)10/22/1998 5:13:00 PM
From: Michael Turner  Read Replies (2) | Respond to of 16892
 
I have a question that was posted on another thread by another SI member:

_________________________

Also, do you happen to know the rule regarding whether MM's are allowed to cross
ISLD orders, (which deletes them). I would assume they are, otherwise, why would
they have the built-in delete feature? From the amount of interest in this topic on the
thread, it seems to be a very sore point for a lot of traders. I'd also like to know
whether Datek (or someone) has it better than the rest of us because, as Mama Bear
points out, and as I was pretty sure myself, some ISLD orders do survive being
crossed.
____________________________

Michael Turner
Author
DayTrading into the Millennium
tradersresource.com