Short Execution?

Discussion in 'Prop Firms' started by ryanturri, Jan 8, 2008.

  1. I realize this is a difficult question to answer and there is no "correct" answer but I'd like opinions anyway.

    What kind of execution can be expected when trying to put a short on NASDAQ securities? Some of the securities I watch are very liquid, such as RIMM, AAPL, GRMN, BSC, VMW. If I were to try an execute a short at the market, how long would execution take? I will of course ask this and more when I interview firms (probably Bright Trading, Assent, maybe VTrader, etc) but wondering what your real world experiences have been? Thanks, Ryan
  2. rjv27


    less than a sec
  3. Immediately since there is no longer any uptick requirements. Simply hit the bid.

  4. Thanks guys. I am aware of the uptick rule being gone but for some reason I guessed it would take a few seconds, maybe up to 5 to get executed! Glad I don't have to worry about that, 0 - <1 sec is excellent.

    Don, when interviewing I will def speak with your firm, thanks.
  5. It takes about 50-100ms or so if you hid the bid from a fast system.