Does anyone know the "rules" of Specialist firms, in regard to how long a specific specialist will handle a given stock, before being rotated off to a different stock ? Is this common practice ? There are some stocks that are great to trade for a while, then become impossible to trade - my guess is due to a changing of the guard. Any thoughts would be most appreciated.
Bro...I know best...since I worked for SLK...Listen Specialists get rotated all the time...they take breaks throughout the day...for a half hour at a time...this is where an Interim Specialist one who they call "is on the wheel" takes over and trades the stocks..........
Thanks for the replies. I didn't mean interim-druing-the-day changes - I meant actual replacement changes due to rotation. I am speculating here, because I really don't know, but some of my stocks definitely trade very differently over time, and I am attributing that to a new Specialist being in charge.
Not worth that kind of money, unless they provide the home telephone #'s of the Specialists, so that I can call them at home, to tell them how they are doing
I'd like to suggest an IM box to the specialist, where you can immediately voice your disapproval/approval... ...of course, they'd probably just laugh.