For about a month, I've been using Questrade's Webtrader 'platform' (using the term loosely here...when the market gets busy, takes over a minute to load a page). It allows routing to Island, arca or will autoexecute (confirmation statements show this is mostly arca). I've noticed that trades don't show up on tape, or at least I can't find them...does anyone have any insight into how this would happen? Below is a copy of most recent executions: DATE/TIME (EDT) SUMMARY 03/04/200413:07:28 Sold977 of CNXT @ 7.56 Detail 03/04/200413:06:36 Sold1018 of CNXT @ 7.56 Detail 03/04/200413:06:36 Sold1800 of CNXT @ 7.56 Detail 03/04/200413:06:36 Sold1205 of CNXT @ 7.56 Detail
I do see what appears to be those trades on the tape. There's 40x7.56 @ 13:06:34 from ARCA and another 9x7.56 (among many others) at 13:07:28 from ARCA. Not sure why the 4K was all batched into one print. Did you have three separate orders on the book that were all hit at once (by a 4023-share buyer)?
Thanks for the response, alanm. My order was for 5000 shares. I just assumed that trades would print as per the time stamp on them. (My t&s showed no prints at 13:07:28 at all, and no 977 shares anywhere near that time.)