I know that Graybox pulls NY DOT orders after almost 5 minutes to avoid the specialist charge and resubmits it again.
Would anyone here know if Graybox pulls non DOT orders? In other words if I want to be able to add liquidity (and get paid as well) I would have orders out there maybe on the ISLD or ARCA book just sitting there at various levels and don't want them pulled.
Other than avoiding the spec charge in NY, is there any other reason why orders sitting greater than x minutes need to be resumitted ? Thanks
Would anyone here know if Graybox pulls non DOT orders? In other words if I want to be able to add liquidity (and get paid as well) I would have orders out there maybe on the ISLD or ARCA book just sitting there at various levels and don't want them pulled.
Other than avoiding the spec charge in NY, is there any other reason why orders sitting greater than x minutes need to be resumitted ? Thanks