ECN order priorities

Quote from OHLC:

Wondering : are there any ECNs or regionals that use a Time then Price priority for NYSE stocks ?

Can you give an example? I can't see how this would work.
 
Quote from OHLC:

Wondering : are there any ECNs or regionals that use a Time then Price priority for NYSE stocks ?


I have never heard of such a thing. Unless I missed something, it's always price then time, regardless of exchange. Who knows, maybe it exists.
 
Quote from OHLC:

Wondering : are there any ECNs or regionals that use a Time then Price priority for NYSE stocks ?


YEs...but only if the orders are for the same size and same order( mkt,limit)
 
Back
Top