I have a strategy that trades some stocks around the open, but the bid-offer spreads sometimes are 20 cents wide.
What happens if I place an order at mid point? Example bid + 10 cents
Will the order rest on the book and shrink the spread? Will it get crossed against any of the hidden orders at...
We are a small size hedge fund with about $50mm AUM and need to get a new prime broker/custodian and execution provider. We are looking at Wedbush/Lime but would also like to evaluate other options. Please suggest.