Howcome my shares are not sold although mine is cheaper?

[NY0BScalper]

Quote from bln:

Maybe it was direct routed orders to another exchange than your order was placed.

If if your sell is at ISLAND at 3.90 and ask is 3.92 at NYSE and the buyer direct routes his order to NYSE your order located at ISLAND wont be filled, right?

Incorrect. Reg NMS stipulates that the NYSE route the order to NASDAQ (ISLAND? It's 2011!).

 

[loufah]

Quote from NY0BScalper:

Incorrect. Reg NMS stipulates that the NYSE route the order to NASDAQ (ISLAND? It's 2011!).

That's interesting. What if I don't want my order to be filled at a certain exchange because their fees are too high?