Moo Market On Open

Discussion in 'Order Execution' started by bruce436, Apr 23, 2012.

  1. What do you mean by "off the market"?

    Do you mean it was off by 5 cents from the last price printed during continuous trading?

    or

    Do you mean that NYSE ARCA is not the primary listing of that symbol and you see that the primary listing printed its own auction at a better price?
     
    #11     Apr 24, 2012
  2. Bob111

    Bob111

    ---What do you mean by "off the market"? ---yeah i was thinking about it too. maybe thre is few prints here and there right before ARCA post 'official open price'. which is Gueco fill price,but away from the market at that time
     
    #12     Apr 24, 2012
  3. Gueco

    Gueco

    I mean it was trading at 80.15x80.16 at the time, it was not volatile.
     
    #13     Apr 24, 2012
  4. Gueco

    Gueco

    not a few prints, the ask was below 80.17 for a long time

    and my IB charts showed a last minute candle with a high below .20
     
    #14     Apr 24, 2012
  5. d08

    d08

    When you TRANSMIT the order, it is sent onto the native exchange by default. Simple.
     
    #15     Apr 24, 2012
  6. the bid's and asks you see during the auction period reflect the interest for the auction, not the current bid and ask.
    The price printed out of the primary listing auction is the market price. Depending on the imbalance that price may be off from the last print significantly...

    NYSE stocks are notirious for printing the auction at out of wack prices... usually in favour of the specialist and his friends...
     
    #16     Apr 24, 2012