Dude, lets assume you're right and JR is wrong. Why the personal insults? Lets keep this civil and talk about the issues not about people who put them forward.
Good points, Avid Consumer. The issues you mention are part of the reason I stopped trading with specialists. I agree 100% that traders should not have to be lawyers or regulatory experts. NYSE rules provide an impenetrable cover story, to help make theft look like fairness, to make lies sound like the truth, and to make criminals appear to be respectable members of society. NYSE corruption erodes confidence in U.S. financial markets, and in combination with other economic forces, this is a growing threat to the foundations of U.S. capitalism.
Knowing price, order, time, is a simple thing, and if you are trading as a CAREER it is a fundamental thing to know. Why do you think that esoteric? Is it not the same on NASDAQ?
I suppose you are here conceding then? Did you call your broker? You see, you did not have to be a lawyer, you just needed to talk to a knowledgable person. Price/time/size ABC.. even a 6 years old can understand it.
tell me why i'm the only one at the nbbo with 200 shares offered on arca for the last 15 mins, and in that time 1700 shares have been bought between amex and nyse at my price and worse in 4 different transactions? does that not say it all. what is it i'm supposed to know to get credit for making the best market. since when is price competition punished in good old USA?
I'm sorry if it offended you...... but saying that Mr. Rockford talks out of his pompous ass is not all that uncivil in my world. At the time I could not think of a more concise descriptive way to characterize the continuous stream of disinformative remarks and egotistical refusals to consider that he might be wrong.
Hamlet, you are a liar. I never conceded. I stand by my prior statements. NYSE Rule 72, for which I previously posted the link, proves the following, in the context of this thread: (1) that all of my comments, in this thread, regarding NYSE order priority, have been correct, (2) that Hamlet is harassing me by making false statements about me, (3) that NYSE sometimes gives priority to larger size orders arriving later in time, instead of smaller orders arriving earlier in time, and (4) that NYSE orders arriving at different times sometimes have equal priority ("parity").
You are wrong, and someone more knowledgeable is correcting you. The problem is that you refuse to accept it. Price>Time>Size - Why is this so difficult for you? Also, you do not need to be a lawyer or regulatory expert to understand this as you stated. You have the opportunity now, and I invite you to show where you are correct and where Time does not have priority. Just as when Don invited you to have a discussion on your other false claims, I am sure you will have nothing to offer but more disinformation and hot air.
Not sure where Lescor is getting the "two minutes before the opening" you are entiltled to the print. It is more like one second before the opening you are entitled to the print. Obviously, different brokers tell different customers different things.