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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (1242)1/20/1999 8:58:00 PM
From: jebj  Read Replies (1) | Respond to of 2241
 
Steve,

Ref your slow fills - who are you using for quotes and are they live quotes or delayed?

And who are you using for a broker?

Assuming you are using live quotes there is just know way of knowing where the problem is - with a broker that must go through several layers to get you quote out, to the floor broker that then takes it to the trader or to a trader that is running behind due to large volume in that stock or in others that he is handling.

It just doesn't make sense that if he is filling orders at a price that he would for some reason pick yours not to fill.

JMO

jb



To: clochard who wrote (1242)1/21/1999 3:50:00 AM
From: Madpinto  Read Replies (2) | Respond to of 2241
 
I have personally experienced fast markets as a market maker. It is a crazy situation. RAES gets turned off most of the time, orders get backed up, and quotes cannot be updated quickly enough. I personally do not trade stocks in a fast market. Prices move too dramatically to receive a reasonable fill, and the reports take forever. IMO customers give up too much trying to trade in a fast market condition.