Odd lot order execution I bet no one can answer

Discussion in 'Order Execution' started by Sky123987, Nov 4, 2008.

  1. the OP shouldn't make bets with people.
     
    #11     Nov 5, 2008
  2. qazmax

    qazmax

    I doubt you saw this on the NYSE or AMEX since that is not how they execute odd-lots.

    You likely experienced this on an ECN. Odd lots are not required to be disseminated in the NNM market centers.

    Therefore they can fall outside the bid and ask and then get executed.

    Hope this helps...

    :)
     
    #12     Nov 5, 2008
  3. dude, he said he saw them print, so they could not be <100 shares.
     
    #13     Nov 5, 2008
  4. How the hell do you get Genesis Laser time and sales to show odd lots prints? do you mean mixed lot prints? On what venue are these prints happening.

    From my experience you can only see Island odd lot prints, sort of, if you infer their existence from seeing the odd lot quotes... you can't know if it cancelled or printed, sometimes you can figure it out... but yeah... can you take a screenshot next time you encounter these prints?
     
    #14     Nov 8, 2008