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.

Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Rick Faurot who wrote (2488)	12/2/1998 11:09:00 PM
From: wily	Respond to of 7382

OK, I see now. I was just unclear on exactly what a SOES limit order was. I had forgotten that it had to be placed at market price. Plus, I was confused by a Watley rep's explanation which evidently was wrong or I misinterpreted it. Guess I should have checked the manual. Thanks, wily PS It's a big disadvantage not having the Island "book".

To: Rick Faurot who wrote (2488)	12/3/1998 12:22:00 AM
From: Colin Cody	Read Replies (1) \| Respond to of 7382

On the MBT system when offering shares for sale UNDER the inside quoted bid price -- would we expect, generally, to see a "price improvement" as we would get going thru a regular discount broker?? Or with this system would the offer be absolute and we'd just get the price we offered to sell at every time? What is it was a ridiculous offer. ie. sell DELL at $58 when it is trading at $66? What happens then? Is it in effect a "market order" with a floor of $58? Colin