Recent content by sbbi

The stock I encountered is CHGI

Hi, Where can I find the list of DTC eligible stocks? My broker charged me $135 for selling a stock and they said it was because it was non-DTC eligible... Anyone had similar experiences? Thanks.

Sorry if i am too naive, but FINRA prohibits front running: http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=3607 Do I miss anything? Thanks.

"When selling, the broker can hold your order until the best available bid is at or above your asking price. " Then the execution price will be equal to or higher than my limit price, right? "If a bid is placed at or above your asking price at another ECN, your broker should cancel the order...

"Some brokers also maintain the orders in their system until they can be executed. Probably saves them money. You can see this happen when your limit price is better than the displayed price." How does a broker decide if an order "can be executed"? Keeping my order in the broker is fine...

Also, my order has never been displayed on Level II (or ECN). All I can see on Level II is either bid/ask orders from market makers, or nothing. Is this because my order has been set up as a hidden limit order by my broker (penson)? Thanks.

Thanks Hurricane. You mean there are multiple ECNs for OTC stocks in US and my broker did not send my order to all of them? How can I tell? Thanks again.

chartman, your info is helpful.. Could you take a look of my question that is related to your points? thanks. http://www.elitetrader.com/vb/showthread.php?s=&threadid=159451

Hi, This question has puzzled me for a long time.. It happens quite often in thin stock, like OTC. For example, I set a limit order to sell at $0.15 for 100 shares (just a example) (not an AON order), later I found a transaction happened at $0.2 for 100 shares. So why my order was not filled...