NYSE LiquidityQuote Experiences???

Discussion in 'Order Execution' started by listedguru, Jun 16, 2003.

  1. whats been your experience thus far?
     
    #11     Jun 24, 2003

  2. whats been your experience with this so far?
     
    #12     Jun 24, 2003
  3. its as if it never happened for the most part...and thats coming from a 1 stock big cap microscalper.... Its nice to have the nx key working again
     
    #13     Jun 24, 2003
  4. gimp570

    gimp570

    I haven't noticed any difference....Looks like I got my panties in a bunch for nothing..>


    <M
     
    #14     Jun 24, 2003
  5. i havent noticed anything really either, but my panties are still bunched... but seriously i was wondering if dave noticed anything by being able to guage how much crowd/specialist participation in the LQ
     
    #15     Jun 24, 2003
  6. DaveN

    DaveN

    No, I agree with everyone else who posted. Not any change that I can see. That size does change around during any given time span, but so far, it doesn't seem to be affecting the stock at all. Perhaps in some less liquid issues, this will have a greater effect.
     
    #16     Jun 25, 2003
  7. DaveN

    DaveN

    There's one thing I want to add about Liquidity Quote (LQ) that I am finding very useful. Mine updates continuously. It appears as part of the NYSE Open Book, which refreshes every ten seconds, but in the interim, the LQ will be constantly changing.

    So, even if it's not showing any added specialist or floor size, I can see what's happening in the book in realtime. For example, LQ is at the dime and the stock is trading at .06. As it trades .07 and .08, I can see the LQ's size increasing, so I know that the offers at .09 and .10 are growing. That's useful information, and it's in realtime.
     
    #17     Jul 3, 2003
  8. alanm

    alanm

    You guys that are seeing the LQ, where are you getting it (which quote provider)?
     
    #18     Jul 6, 2003
  9. nitro

    nitro

    If you clicked on the link provided above and browsed around a little bit, you would have found:

    http://www.nysedata.com/liquidity/LQdisplayvendors.asp

    nitro
     
    #19     Jul 6, 2003