maximum number of shares to be filled on bid or ask

Discussion in 'Order Execution' started by zdreg, Mar 28, 2018.

  1. zdreg

    zdreg

    I vaguely recall that market makers or specialists are automatically filled for up to 1000 shares on the bid or ask.
    is this statement correct?
     
  2. Robert Morse

    Robert Morse Sponsor

    No.
     
  3. zdreg

    zdreg

    succint
     
  4. Robert Morse

    Robert Morse Sponsor

    The Nasdaq SOES routing in the 80’s might have had that minimum for a Nasdaq member.
     
  5. succinct
     
  6. zdreg

    zdreg

    that was my biggest fat finger error of the day.