I would like to discuss this trade

J

Javier

Lets assume.
(vol)
bid. 2.67 300
2.40 200
2.39 200
ask. 2.42 100
2.41 200
2.60 200

I want to sell my shares to the one who is bidding 2.67.

Should price reach that price?
If not or there is no liquidity on the ask, should the specialist provide liquidy until is reached?

Tx for you help
 
Javier,

I don't understand the question as you asked it. Also, I'm not sure what asset class this is. In general, there are no more specialists. There are DMMs (designated market makers) in both equities and options. They provide depth & liquidity where they choose to, not at prices that other customer and firm orders come in.

Does that help?
 
ok real example from today =) eur/usd

bid 1.650 500
1.600 200
1.599 200

ask 1.603 500
1.604 400
1.605 500

I want to shell 100 shares to the bid 1.650
 
I'm not sure why the bid is higher than the ask. That can't be. Maybe a screen shoot would help. In general, if the best bid is 1.65 bid for 500 shares, and you need to sell stock at that second, that would be your price for up to 500 shares.
 
Now I understand. This is not a stock but an FX market. There are two basic platforms for non-deliverable. (I'm not an expert on FX) The platform where you pay a commission per $1M traded or the kind when you pay the pip spread. The commission type, you can buy and the bid and sell on the offer. The pip spread type, the participating banks need to offer on your bid or bid your offer to get an execution.

Does that help.
 
Looks weird. A) you are on delayed quotes, B) the real market was probably around 1.1478x at that time, C) your order book is messed up, most likely because you only look at TDFX's feed not a consolidated feed that brings together many liquidity providers and shows the best book.
D) You want to consider masking your account ID. I am not crazy about privacy but exposing your acct id for the world to see is not something I would feel comfortable doing.



Javier said:
ok this is the pic
More...
 
ok i have review that. That was an issue in the order book, an error probably... thanx for your ideas. i will delete pic to not show my id
 
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