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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: bazooka who wrote (4261)	2/22/1999 8:40:00 PM
From: steve goldman	Respond to of 4969

Re: bazooka see below: ". i put an after order in to sell AMZN at 106 1/4. i saw it print all over (above and below) yet i never got lifted. i was instinet (so i'm told) yet i saw other printsat my price which i was told were either Isld or Arca. i also was told that ARCA kicks out its orders at 2 minutes post close, 1 hr post close, and 8 hours post close. have you ever heard of this? *No, not sure about ARCA and how they kick out afterhours. afterhours, we use ISLD and INCA> then i was told that my Instinet order is kicked out 45 min. post close? is this standard or broker specific? for the most part, broker specific...ISLD's rules are that they will leave the system open as long as they are in their offices, 5,6pm. how would yamner have handled an after hours order for AMZN? *ISLD or InCA until we leave teh offices as well, figure 6 7pm. what route do the professional (big buyers/sellers)use? for example my t/s has a trade going off at 17:04 at 108 27/32. where was this done? is there a way i can tell? No way of knowing or telling. negotiated market during the session and even more difficult after hours. please list any rules you know of governing after hours trades (exchange times, kick outs, etc..) as always your input is very appreciated. so far i have only been able to tell if its late or a form"t" by looking at the quote.com link. quote.com Realtick 3 doesn't indicate if trades are late or not (as far as i can tell). as always your input is very appreciated. **Correct. There are no rules I can point to that discuss after hours trading. yet look at the nasdr.com's website regarding trading markings. Regards, Steve@yamner.com