How to hit bids and offers on NYSE and NAZ

sounds like you would be better off coding to a broker with smart order routing and spending all that coding time on your strategy... unless of course you are using level II data in your strategy... which i guess you are doing.
 
your guess is right, I am using level 2 besides even if I am not using level 2 I don't know how the smart routing really work and I need to know that as my strategies are high frequency trading and I don't want to waste any time letting the broker decide which destination to route to, I need to handle this myself.

And anyhow just knowing the info wont hurt me :)
 
Just for my amusement:

What is your normal size per trade....how many shares of a stock do you usually buy/sell?


SteveD
 
Number of shares depends on many things but can range from 100 to 2000 per shot and I scale in and out

now I amused you, why dont you add some useful info here :)
 
when did inet start accepting market orders? anyway if they do i don't think it's proactive so it matters little. better using arca
 
Quote from joeyata1:

when did inet start accepting market orders? anyway if they do i don't think it's proactive so it matters little. better using arca
More...

You are wrong.
INET market does the same thing as ARCA market. If it can't fill you it will re-route to whoever can do it. It has been like this ever since ISLD merged with INCA to form INET, which was quite some time ago. This is a fact.
 
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