Nasdaq opening orders

Discussion in 'Order Execution' started by savage, May 10, 2002.

  1. savage


    I know how the NYSE works in opening orders with the specialist but how are Nasdaq orders that have accumulated overnight with broker/dealers worked. Has anyone figured out a way to profit on the opening on Nasdaq based on these orders?

  2. The market makers apparently have. :D
  3. Bung, you means stuff like gap and trap... lol

  4. Get in the day before, hold it overnight, enjoy the fat opening move in your favor, and cash out courtesy of the late entrants :D