I'm not sure what you mean by consolidated.Originally Posted by Dave Davis
EDIT: My original order was for 53,000 shares at $.3425 - I've bought 6521 as of right now, still have the rest of the order sitting there for 46,479 shares.
Last edited by mcmaverick; 04-07-2009 at 11:29 AM.
if it's .34, you would be consolidated in with the nasdaq order. I see nasdaq bids of:
.3416 12000
.3411 7000
.3410 26000
.3402 20000
.3401 10000
.3400 270200
I was guessing that you were consolidated into the .3400
I don't see anything at .3425. that's strange. who is your broker?
Scottrade - my order is still open.
If nothing else, I scared the SP away from $.3425!
Last edited by mcmaverick; 04-07-2009 at 11:37 AM.
If there is someone else using the same BD you are and has a better price, their bid will show up and yours will not.... until the better priced order clears.
Example: (Your MMID is SPUD and you bid 0.3445 to buy)
BID --------------------- ASK
0.3450 ----------------- 0.3460
Level-2
SPUD 0.3447 500----------- ISEG 0.3460 250000
ISEG 0.3446 120000------- PUTZ 0.3500 1000
NSDQ 0.3445 240----------- NADQ 0.3501 2500
DARK 0.3440 12000--------- LITL 0.3502 5000
In the above example (notice ISEG just as another point all together -- where the bandits live) as soon as SPUD (your MM/BD) sells those 500 shares at 0.3447 and there is nobody else to fill that price and you are next in line THEN your shares will appear allocated by SPUD.
This happens to me all the time.
No comment
"How Apple will kill satellite radio this summer"
http://blogs.computerworld.com/how_a...io_this_summer
I use Scottrade Elite myself as well.Scottrade - my order is still open.
If nothing else, I scared the SP away from $.3425!
Your MMID will show up usually as CINN most of the time. I have had trades execute through ISEG as well a few times.
Last edited by FloridaCaveDiver; 04-07-2009 at 11:51 AM.
I also have scottrade and put in a sell order for FNM for .6995 and am seeing sales for .70 being executed. And I didn't put an AON, and my order is still open. It IS strange.Scottrade - my order is still open.
If nothing else, I scared the SP away from $.3425!
Thank you for the link. I could not resist and had to post.No comment
"How Apple will kill satellite radio this summer"
http://blogs.computerworld.com/how_a...io_this_summer
See "You are clueless".....
No it is Scottrade. I deal with the same thing.
They do not insert your order until it is your turn in line. Other Scottrade customers will be listed if their price is first in BID or ASK line depending on which side you happen to be on.
Just the way Scottrade works.
