Execution way over the normal trading price.

Discussion in 'Order Execution' started by mal, Feb 28, 2008.

  1. mal


    I often do arca auction and I want to know how far can I be filled from usual trading price without any chance of getting cancel. Because, the other day one of my friend have done an auction and short a stock at 200$ with a usual price around 50$. After couple hours his transaction have been cancel. Some persons told me that is 5% from previous close some others 10%.


  2. what i have heard is 13%