Recent Content by pr66067

  1. What is NSX 'Order Delivery' and 'Automatic Execution' modes?

    Auto Ex is the normal order type. Order Delivery is only available to ECNs (like LAVA) that use NSX to reflect their own books quote onto the...
    Post by: pr66067, Aug 16, 2012 in forum: Order Execution

  2. ARCA Discretionary

    30.00 The minimum amount of discretion gets used. Hard to tell from their description at:...
    Post by: pr66067, Sep 22, 2011 in forum: Order Execution

  3. Dark Pools and Reg NMS

    >>Can a dark pool trade through a protected quote? Normally, no. Buy they might be able to accept an Intermarket Sweep order. By...
    Post by: pr66067, May 13, 2011 in forum: Order Execution

  4. New ecn NQPX

    Not an ECN. The MPID NQPX referrs to the new US equity stock exchange PSX owned and operated by NASDAQ OMX. See...
    Post by: pr66067, Nov 5, 2010 in forum: Order Execution

  5. Half Cent Execution on NASDAQ

    see http://nasdaqtrader.com/content/technicalsupport/specifications/TradingProducts/fix_orders_sb.pdf and search for Midpoint If connected...
    Post by: pr66067, Oct 22, 2010 in forum: Order Execution

  6. Why is High right next to Off?

    It is a safety feature (one that is no longer necessary for fans with electronic motor controllers, etc.) A motor draws its highest current...
    Post by: pr66067, Jul 9, 2010 in forum: Chit Chat

  7. EDGA ROUC routing strategy

    Won't hit ARCA (or NASDAQ's main book or BATS, etc). see: http://www.directedge.com/Portals/0/docs/NextGen%20Guide%20to%20Order%20Types.pdf...
    Post by: pr66067, Jun 16, 2010 in forum: Order Execution

  8. basic order book execution doubt

    Yes, your sell 5@10.30 would fill at 10.32, and your last two orders would post leaving the book as you drew it (assuming nobody else cancels or...
    Post by: pr66067, Jun 15, 2010 in forum: Order Execution

  9. Has this NIGHTMARE happened to anyone?

    Sure that can happen.... ...but no, that is a bug. They gave you an electronic out. Sounds like their agreement technically makes you...
    Post by: pr66067, Jun 11, 2010 in forum: Order Execution

  10. Which NASDAQ routing strategy hits dark liquidity

    http://nasdaqtrader.com/content/ProductsServices/Trading/TFTY_factsheet.pdf "low-priced liquidity venues" = dark TFTY with TIF = IOC is...
    Post by: pr66067, Jun 7, 2010 in forum: Order Execution

  11. block Order executed far below current bid

    Was this the 74,574 share report at 11:13:54 eastern? It was reported through the NASDAQ TRF (meaning off exchange -- either broker...
    Post by: pr66067, May 27, 2010 in forum: Order Execution

  12. Order fill question

    NASDAQ Level II shows aggregation by MPID of NASDAQ Exchange orders (both market makers and anonymous). Commonly, top of book size from other...
    Post by: pr66067, Jul 6, 2009 in forum: Order Execution