Do you use Openbook for thick (>5mil) stocks?

Discussion in 'Trading' started by bungrider, Mar 7, 2003.

  1. Hi all,

    Back in the day when I traded very thin stocks (50k-100k daily vol) I used to use Openbook, and found it very useful for this volume range.

    Nowadays I only trade >5mil daily volume, and I've been assuming all along that the Openbook was pretty useless for high volume stocks, because it was useless back in Oct 2002 for high volume stocks when I switched.

    I've been wondering lately with the shitty overall volume if it is worth getting the OB again, so if anyone would opine on whether the OB is worth it for high volume these days (since I'd have to pay those bastards for it) I'd really appreciate the advice.

    Thanks in advance,