SPY

V

virgin

Guys,


These "stock" is traded on the Amex. What's the
market system that this stock is traded with.
Is there a specialist like on the Nyse ?
How fast are market orders ?
This stock should follow very closely the move-
ment of the S&P cash, right ?

Virgin.
 
Amex has specialist system like NYSE. The SPY is sp500
index for cash I think. it can be shorted on a downtick.
Amex executions are not the best but with patience you
can pick your price and bid or offer. Don't do market orders
and don't try to daytrade it as there is no movement/range
except in meltdown days.
 
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