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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (7262)5/17/1999 5:10:00 PM
From: Dominick  Respond to of 12617
 
Dan:

Trades are executed on the NYSE in the following order:
1. Priority--first order in.
2. Precedence--largest order of those submitted.
3. Parity--random drawing if above is equal.

On NASDAQ the MM's can pick who they want because it's a
negotiated market. I've saw trades executed at a higher offer than mine.

Dominick