Search results

Thank you for the links. However, they do not seem to address the issue of whether short sale restrictions apply to the closing auction. Thank you anyway.

Before 3:45 pm. Exchange mandated short sale restriction. The stock was TRN and I put in an MOC sell order. TRN i down 14% today. Tough luck.

The MOC order was accepted. It did not fill and was eventually cancelled by IB (around 16:30). As I said, there was a short sale restriction on the stock. My best guess is that was the reason. If anyone knows that short sale restrictions do not apply to auctions, I will ask IB what the reason...

I see now that there is a short sale restriction on, so I guess it must have ended on a down tick. I thought short sale restrictions did not include auctions, but I guess it does. Can anyone confirm that. Thank you.

The stock traded over 5 million shares in regular trading.

The time is 16:29 and it still has not been executed. Does anyone know what the reason could be. I use IB. Thank you.

Thank you d08. Thank you. I checked the volume bar at 1 minute intervals and confirmed that volume spiked at 9:38 where my order was executed. The Time & Sales function is better, though, because it made it possible to identify the exact opening cross because the volume was much bigger at that...

Sometimes the opening auction price differs from the opening price quoted on Yahoo Finance, Google Finance or my trader work station. Where can I check the NYSE opening auction price? I shorted a NYSE listed stock at the opening auction at a price of 14.74. Yahoo Finance, Google Finance and...

Solved - apparently just a Google Chrome issue.

Does anyone else struggle with this issue? Thank you.

When have I ever claimed being an expert?

Interactive Brokers I wish to see realized prices with four digits in the ""Time & Sales" application within "Analytical Tools" - so I can see exactly how often I get bypassed by sub-penny orders. How do I change the realized prices to show four digits instead of two digits. Thank you.

It is not a $0.01 skim. If the spread is $0.10 it is a $0.10 skim. If the spread is $0.25 it is a $0.25 skim. Multiply that by millions of shares traded every day. In the example above my order would have been filled at $10.00 if the market was not two-tiered, i.e. if a HFT could not buy a...

My order was cancelled due to the uptick rule. I was not aware that the uptick rule also applies to the opening auction. Is that correct? Thank you.

I had a big opening auction (OPG) sell order on POWR. POWR drops 10-15% after the opening auction. After 6 minutes Interactive Brokers cancels my order. Millions of shares are traded. Pretty easy and profitable to make money this way, if they are allowed to do this. Anyone?

May I ask what you prefer between joining, penny-jumping and hidden? I asked the same question to an expert on market microstructure who has written several articles in CFA Magazine: Can you avoid HFT sub penny front running by posting small hidden limit orders inside the spread? He seems...

Was your strategy a profitable intra-day strategy? Were the stocks impacted by news action? If that is the case, the lower speed of execution associated with hidden orders must in itself imply lower profit. Orders get filled at other exchanges at better prices, because the hidden orders do...

I am not trading in a dark pool. My lit limit orders are being front run by HFTs using dark pools. Example: I post a buy limit order at 10.00 on an exchange. An incoming market order should take out my 10.00 buy limit order, but it does not. An HFT intercepts and fills the incoming market...

Despite all of the above, I assume hidden orders inside the spread still perform better on average than a lit limit order if you are not in a hurry to get your order filled? Apparently, HFTs now construct entirely new order types by combining existing order types: " ... in ARCA you can...

Anyone?