Internalized trade did not print on the tape.

Discussion in 'Trading' started by KINGOFSHORTS, Apr 11, 2013.

  1. Interesting, I closed out some LEAPS (long puts) that I was short and did get a 5 cent improvement over the ask side.

    I got filled yet the orderbook and the tape does not display my closing transactions. I got filled 5 cent below the ask, and nothing shows up on the consolidated tape for those leaps.

    I thought internalized crossing orders have to post on the tape?
  2. AFAIK they do have to post. i would do the following:

    first, check your confirm statement from your broker and make sure you got confirmed (don't just rely on the platform)

    second, check the time and sales (some platforms have this data available)

    third, contact the broker (email, call, chat) and explain your sit to them and ask them to confirm or not if internalized orders have to post on the tape.