So this has been happenings a few times to me on arca.
Yahoo news today. i go to buy yahoo using ARCA. IN the same second i am getting filled 25.50 and 26.50. I crossed up the market to 26.60 but expected to get price improvement. At the same time i am filled on Island, rash and everything else from 25.50-25.70. Here is the kicker I was providing liquity somehow at 26.50
ARCA did not break the trade. since it was not in there "clearly erroneous trade rules". This happened to me on Sprint News last week, where i got filled on arca $1 over the market. that at least was broken
Arca is not offering price improvement after the inside level because of some "bug" on there side.
Before you ask. i was pretty quick to the news
Yahoo news today. i go to buy yahoo using ARCA. IN the same second i am getting filled 25.50 and 26.50. I crossed up the market to 26.60 but expected to get price improvement. At the same time i am filled on Island, rash and everything else from 25.50-25.70. Here is the kicker I was providing liquity somehow at 26.50
ARCA did not break the trade. since it was not in there "clearly erroneous trade rules". This happened to me on Sprint News last week, where i got filled on arca $1 over the market. that at least was broken
Arca is not offering price improvement after the inside level because of some "bug" on there side.
Before you ask. i was pretty quick to the news