Who would get filled in this situation

Discussion in 'Order Execution' started by Bluegar3, Jan 31, 2008.

  1. Bluegar3

    Bluegar3

    First, can you place a bid marked "hidden liquity" for the YM / ES / ER2?

    And here's the other question. Say I bid 1 contract for 12000, and make it hidden liquity. Then someone else bids 1 contract NOT hidden liquity for 12000. (so I'm there first)

    A sell market order comes for 1 contract. Who gets filled?

    What would me the case if I placed this on ARCA? NYSE?

    Thanks
     
    #1     Jan 31, 2008
    Share
  2. itcanbedone

    itcanbedone

    YM trades on GLOBEX on a FIFO situation only
     
    #2     Jan 31, 2008
    Share
  3. Bluegar3

    Bluegar3

    Hi,

    so are you saying that your hidden liquity order will be filled first and saying that you can place hidden liquity orders on ECBOT and GLOBEX?
     
    #3     Feb 1, 2008
    Share