Do NYSE Specialists know who we are ?

Discussion in 'Order Execution' started by hayman, Oct 3, 2003.

  1. hayman


    Can NYSE Specialists identify traders who place trades on their books ? If so, how ? And, if so, should this not be made illegal, since it allows Specialists to trade against certain traders (e.g., Day Traders) ?

    Thoughts and comments appreciated.
  2. Ebo


    The DOT machine has your IP address, home phone number and Social Security number! Be careful.
  3. hayman


    And Specialists have access to this ? Or are you joking ?????
  4. lmfao
  5. amex knows who you are. they can tell if you are on both sides of the market at the same time.
  6. Could you explain your version of being "on both sides of the market at the same time"?


  7. on the amex exchange you cant have a buy and a sell order in at the same time.
  8. Don't know if this has changed but they used to have identifiers with the broker (obviously) and which office the order came out of (applies to DOT only)
  9. whenever i get a gift trade it doesnt take them long to call me up and bust the trade so they know who gets what.
  10. VTTrader


    Not only do they have your IP address and SSN, but your current weight, height, web-surfing history and whether you drink Miller Lite.

    I believe this was all part of the little known 'Patriot Act Subprovision 2G/1.h35' provision, provision, which states that market specialists will now be deputized to the Justice Department and shall have full access to all information about you. :)
    #10     Oct 3, 2003