I stand by the correctness of my comments, which can be verified by anyone willing to make the effort to learn NYSE Rule 72.
Time clearly has priority according to the rule (with the exception of a cross trade of course). Since you are a retail trader, call your broker and ask for a registered person to confirm this. You are wrong to state otherwise. You ask others to make efforts to learn the rules while you yourself have failed to do so. You enter the trading arena without learning the rules, therefore you do not take this business seriously. This business has a 95% failure rate. Who do you think will make the 5% cut? You also do readers of this board a huge disservice by spreading false information and making false accusations against the NYSE, while the problem is yourself and your lack of knowledge and understanding of the rules and characteristics of the exchange.
NYSE Rule 72, for which I have posted the link, proves the following, in the context of this thread: (1) that all of my comments regarding NYSE order priority have been correct, (2) that Hamlet is harassing me by making false statements about me, (3) that the size priority of NYSE orders sometimes overrides their time priority, and (4) that NYSE orders arriving at different times sometimes have equal priority ("parity").
Wrong again on all four counts. Price - time - size is the order of priority. Since you are too blinded by your ego and full of yourself to listen to reason from me, call your broker.
personally i don't care what the rule says, the nyse and amex specialists are an obvious tumor on US transparency and liquidity evidenced by the basic mkt fill in comparison to existing liquidity. some ppl like to memorize encyclopedic rules to trade like lawyers, and some people come to the equity markets for classic directional speculation i'll master your regs if that's what's reqiured to make a simple retail transaction, but simply on principle it's a load of crap that anyone has to specialize in regulatory research to fairly transact something as simple as straight up equity at a fair price.
What is so difficult in knowing the order priority of price, time, size?? It's as easy as abc (even though Mr. Rockford has trouble grasping it) and if you think that is difficult, then you are definitely in the wrong career!
its not an issue of my ability, its an issue of diverting limited resources to something totally arbitrary to the true nature of directional trading. what if your highway tolls were totally variable depending on your knowledge of an esoteric set of constantly changing rules, or which affiliate of the toll booth you're partnered with i'm done complaining about the general problem, my point has been made and economics will correct it eventually. hopefully not at the expense of our economic competetiveness as a country
I suppose than by your thinking that a surgeon who might perform on you ought to think it silly to waste resources on knowing the different esoteric nuances of different tools that he might be sticking inside of you. 95% fail rate.... this is why folks.
Actually, yes it does. As long as your order is in two minutes before the open, if the specialist prints through you, you are absolutely entitled to a fill and a phone call to DOT services will get you your fill.
the market is there for joe public to access equity as freely as the existing wealth while surgury is an extremely limited specialty. joe public isn't expected to be a surgeon. inherently, something is wrong when fair equity prices are only accessible to someone with a surgeons knowledge. by your logic, joe public deserves to die from his appendix because he should really possess a surgeons skill. you're gonna kill the public by that logic man i don't mind your bias, but who are you kidding. you know it's sanctioned theft. if you won't admit it in public, at least admit it to yourself technically you should be the one working on your skills, your way is dying