J just21 Oct 31, 2007 #1 I just went .65 bid on the 1350 puts and traded immediately even though the market was .70 offered. Why is this?
I just went .65 bid on the 1350 puts and traded immediately even though the market was .70 offered. Why is this?
D Div_Arb Oct 31, 2007 #2 You were the NBBO and a trade came through that the specialist was required to execute at your price.
You were the NBBO and a trade came through that the specialist was required to execute at your price.
X xflat2186 Oct 31, 2007 #4 There is no specialist on ES options, they're options on the futures its a different system. Same with NBBO since they're the only market. Most likely your screens were slow when the market was whipping around
There is no specialist on ES options, they're options on the futures its a different system. Same with NBBO since they're the only market. Most likely your screens were slow when the market was whipping around