specialist tricks this week

Discussion in 'Order Execution' started by ryanmitcho, Feb 14, 2003.

  1. I think it's not just that they don't update the book, they just don't execute the orders inbetween, that's why they remain on your screen so long, because they are still there! It's that BS liquidity killer rule that will make the NYSE like a bad and slow Nasdaq.
    #41     Mar 10, 2003
  2. Dustin


    I have seen some strange openbook data in the past few days, like .30c crossed markets for no reason. So far I have not experienced the "liquidity quote" prints.
    #42     Mar 10, 2003

  3. i think the new liquidity quote is the cause of what everyone is starting to see...as far as i know it started on an experimental basis last week, i have seen it in WMT and heard JNJ and MRK mentioned too to name a few...we started another thread on this with more info, i'll post the link if someone hasnt already
    #43     Mar 10, 2003