Thanks DATTrader and Vinny1 for addressing this issue. I suspected that ARCA functioned as you guys said, but I just wanted to make sure...
So can anybody say for sure that ARCA routing: 1) Checks it's own book 2) Checks the ECNs it has a direct connection to 3) SNet Preferences...
Prior to SuperSoes, ARCA used SelectNet Preference to send orders to Market Makers, but now that SNet is a non-liability order-delivery system,...
When I was reading some information about placing an IOC order through SNet, I found that the order is killed in 3 minutes if not executed. My...
With NYSE now trading in decimals, what is considered a "tick" for implementation of the UP-TICK rule for shorting stocks? When NASDAQ finally...
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