ECN order priorities

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

  1. OHLC

    OHLC

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

    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

    metal1

    NO there are not.
     

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