ECN order priorities

Discussion in 'Order Execution' started by OHLC, Jun 23, 2003.

  1. OHLC


    Wondering : are there any ECNs or regionals that use a Time then Price priority for NYSE stocks ?
  2. alanm


    Can you give an example? I can't see how this would work.

  3. I have never heard of such a thing. Unless I missed something, it's always price then time, regardless of exchange. Who knows, maybe it exists.
  4. metal1


    NO there are not.

  5. YEs...but only if the orders are for the same size and same order( mkt,limit)