NX rule- compliance issue?

[m22au]

Originally posted by Dustin
I'm trading remote with Bright. I keep my NX button on all the time, and if I send two NX orders in less than 30 seconds the second order is automatically sent as a regular order.

Would be good for Don to back this up...but I think that's how it works here.

What is a NX order?

 

[GATrader]

It is as close to an ECN as NYSE would like to be. For more in depth go to nyse.com and look up nyse direct.

 

[chasinfla]

and be sure to read the fine print. The devil, as they say, is in the details. When they tell you how a particular feature is designed to help YOU, the ordinary investor, beware.