Search results

You should get less slippage with a native stop. Not sure you'll end up bettering the trigger price though.. :p

If there's not a lot of strength on the bid side, then why would anyone post there? Just wait, and buy later, at a lower price. ... If there's no interest in a product at a store, come back later when it's on sale. No conspiracy.

If the market sell order was bigger than all the buy limit orders in all books, then yes. This is not rocket science. Edit: Strictly speaking, the last trade would be at whatever the limit price of the last bid consumed was. So not actually 0.

Someone wanted to sell first, sell at any price, and didn’t care which market.

Any large order can move price without circuit-breaker logic. It all depends on the liquidity on the other side.

Never mind, and apologies for interrupting your thread. Good luck with the small caps :)

To spell it out .. Your assumption is wrong. The typically wider spread earned in small caps makes up for the lower volume.

+1 Once more: "Do you think hedge funds and professionals use TA? The answer is NO."

To rephrase: you may have overlooked the spread earned vs the volume foregone.

bzzzz .. wrong answer.

I don't follow their analysis. If I send an ISO, I want to consume liquidly from all markets irrespective of best price. No fancy routing algos involved. Nanex is saying the only liquidity was on BATS. So any order would have arrived at BATS anyway.

If there's a gap in the book, then sell through what's above it, to buy back below it. This is not fkn rocket science ... :confused:

I think you're overestimating the complexity, and adding too much conspiracy. Route to somewhere less liquid, and it takes less volume to have more impact.

Wow. Now they can build board meetings in India. Cool. Some ops manager just made his numbers.

More upside on the outside than the inside.

+1 Someone "gets it" :cool:

How will this not get killed in a trend?

Care to comment on exactly how this is the case?

I like your thinking bowo, but it's a bit harder than that :p For example: When do you want to be quoting BBO, and when do you want to favour one side over the other, & back off a tick or so? How likely is it you will be run over by a big dumb market order, consuming several price...

def, thanks for following up. I like that IB sorts out the important stuff. :)