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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (20336)	3/13/1999 1:17:00 AM
From: timers	Read Replies (1) \| Respond to of 122087

Oh well, it's no biggie, I just thought that something was screwed up with my setup. I've only had it a week, so it would have been very possible. Volcano's where?

To: Anthony@Pacific who wrote (20336)	3/13/1999 1:19:00 AM
From: Jay Fisk	Read Replies (1) \| Respond to of 122087

Never noticed this before, may explain those really off-the-wall fractional trades, also a way to beat the best bid by 1/256th and get hit, at least until the decimal system goes into play: Does Island round the price of orders entered in fine increments? ""While Island is capable of accepting and displaying increments down to 1/256ths, unfortunately, Nasdaq does not yet share this ability. Nasdaq can only display increments of 1/32s for stocks under 10 dollars, and 1/16s for stocks over 10 dollars. Therefore, if you enter an order in finer increments, it will be rounded away for display in the Nasdaq quote. The price of the order has not been changed, it is only rounded for display on Nasdaq. It is still processed by Island at the exact price you entered, it is still disseminated on Island data feeds at the exact price, and it will still have priority over inferior priced orders. """ isld.com