Does your ATS trade NYSE or Nasdaq stocks?

Discussion in 'Automated Trading' started by qll, Mar 16, 2007.

  1. qll

    qll

    Which market has better real time quote for taping reading? I found the quote from NYSE can not be trusted. I not sure how an ATS can tell. Sometimes, NYSE will give a big out of range move to get stop orders. This will fool ATS, but will not fool real people.
     
  2. Kohanz

    Kohanz

    Just think about it for a second. Why doesn't it fool real people? Because they have a set of rules in their head that distinguish a real quote from an erroneous one. These rules are not impossible to code.