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


To: Robert Cohen who wrote (4422)4/3/1999 3:39:00 PM
From: Bill Green  Read Replies (1) | Respond to of 7382
 
Well, I would think the only advantages of using this would be to save you a mouse click. It automatically selects the price for you instead of you selecting the price from the level 2 screen.

I guess if you were a scalper, buying on the bid, selling on the offer, it could have some advantage in saving you a little time. It also could cause you some problems as not all ECN's change the best b/o and you could possibly miss a better price.

Personally I would rather enter my own price and don't use this feature.

Regards
Bill



To: Robert Cohen who wrote (4422)4/3/1999 11:48:00 PM
From: Robert Cohen  Respond to of 7382