nyse openbook sucks.........10 second delay..........sometimes you are looking at a block that no longer is there.....you are better off reading the tape
The NYSE is all smoke and mirrors. The specialists can fill market orders however they want --- its unreal in the year 2002 -- this shit still is allowed to go on. Give me a break - ever try trading breaking news on a NYSE - good luck - the NASDAQ is such a more fair and open market --- as well as trading on ECN's -- We should all be entitled to immediate executions.
it depends on what you do with it. I find it very very very very useful. But again, I am pretty sure I don't do things you are doing so, it means nothing. You must try it for yourself. every new tool is usually dismissed (specially when the tool comes from the exchange. 'cause obviously they did not do that to increase your wealth, get real). However, there are always twists and ways to take advantage of technology. tntneo
Does anyone still use this? Will Open Book do anything a reuters quote screen doesn't? How accurate is it before the actual open/ does it give you any insight in where the stock will open? Can you have a set symbol list or do you have to manually enter each symbol? Thanks in advance. Bob
i use the open book on reuters on thin stocks and sometimes thick stocks. i love it. it does give you an indicator premarket.
< it does give you an indicator premarket. > hmmm ... does the indication for a stock that is not delayed due to order imbalance show up on open book between 925 -930 am EST ?