Do not rely on IB T&S to investigate your fills: IB data feed is a complete joke. It has the tick compression and gets broadcasted every 200ms or so.
With NYSE Hybrid there is no difference in speed execution between a marketable limit order and a market order up to 1 million shares. Both orders...
PPY on page 17 http://www.nyse.com/pdfs/hm_booklet.pdf
Hmm... If I remember rules correctly, Direct+ market orders up to 1 million shares are eligible for automatic execution, so it should be no...
Unless you have an algo that can follow the market with limit orders, you'll miss a lot of good opportunities in the fast-moving markets. I never...
Easily: 1. someone posted a limit sell order 6@10.25 right before you did 2. a couple of trades occurred say 7@10.25 and 1@10.25 (leaving your...
I watch several NYSE stocks every day quote-by-quote and trade-by-trade (yes, I literally see every quote and print). When the market is fast,...
The fine is big enough to let the member firm adjust their FIX gateway to reject any client orders after 4:00pm :)
NYSE Hybrid changed it all... Market orders and marketable limit orders get filled automatically by the matching system based on the time...
NYSE rule 123C: In order to minimize excess market volatility that may be associated with large-size MOC orders that are entered near the...
NYSE will execute odd-lot market orders at the price of the next round-lot print.
NYSE stocks: last trade, last trade size, bid, bid size, ask, ask size. No charts (just for selecting stocks). No Level II since it pretty much...
On NYSE a specialist can see the reserved size posted by a floor broker. The reserved size (and the specialist interest) is not a part of Level...
100% agree with you. I completely forgot about slow market, when specialists have to step in and provide liquidity. Here is an example of LPR...
Don, The very last thing I want is to let your feed/execution platform mislead you. If the seller hits the bid at 34.40 with the size all the...
Of course, every transaction involves a buy and a sell LOL The question was who initiated the last print: a buyer or a seller? But the last...
Keep in mind that NYSE quotes and NYSE trades are two different feeds, so you basically have to reconstruct the tape in order to see what...
ACTIV Financial. Those guys are really good - the feed is awesome, I'd say one of the best on the street in terms of accuracy and latency.
I think it depends on your market data feed, and I'm pretty sure that your feed (or your eyes) simply misses a lot of quotes. In your example it...
Limit orders don't take liquidity - they provide it. Market orders do take liquidity. For example, if there is an aggressive buyer, you see print...
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