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

To: Dan Swartzendruber who wrote (3293)1/12/1999 10:13:00 PM
From: Bill Green  Respond to of 7382
 
Dan

I'm not 100% on this but I think it is because ARCA doesn't change the level 1 quote and if it doesn't get a fill with an ECN then starts to snet pref the mm's at their bid/offer price. Which also doesn't affect the level 1 quote.

Regards
Bill



To: Dan Swartzendruber who wrote (3293)1/12/1999 10:15:00 PM
From: CRUZ  Read Replies (1) | Respond to of 7382
 
Why not Soes TSCO to exit?



To: Dan Swartzendruber who wrote (3293)1/12/1999 10:16:00 PM
From: Shoot1st  Respond to of 7382
 
Well if it worked that way.. As soon as I figure out how to use the scanner I just got..i will post copies of stuff I find..but here are the details of a trade.

10.36 AM eastern.

order to BUY STAC @ 1 1/16

BTAB inside offer 1 1/16 with 2 1/2 times the number of shares I want.

Iam buying and BTAB is selling. I send trade through ARCA.

I end up inside ASK at 1 1/6 and have to wait until hit by a SELL order from a 3ird party.

Shoot


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