when orders are sent from broker to market makers or to the nasdaq what info is sent?

[Overnight]

so i am not allowed to be paranoid? and to answer ur question no this is not what i am afraid of... i just want to know if they can track us or not? just like facebook made billions from tracking us wherever we go online imagine what someone can do if they can also track us on the stock exchange... and if u dont have anything productive to say please stay out of my question and do your fellow treader a favor

Markets makers are not Facebook! NO! The market makers have no idea who you are, and do not CARE!

 

[traider]

The market makers use all the information that they can, but they do it on an aggregate level. It's the same as any other big tech giant harvesting their user data. Unless your order is huge enough to move the market you don't have to worry

 

[jenny2000]

they dont do it in personal level because they dont have that info or because they dont care? if you dont know please dont answer

 

[Overnight]

they dont do it in personal level because they dont have that info or because they dont care? if you dont know please dont answer

I guess the only folks on the forum who would truly know the answer are market makers. Do we have any market makers on the forum, the entities you are so concerned about? Let's wait and see if any chime up.

 

[jenny2000]

big brokers can answer this question

 

[Overnight]

big brokers can answer this question

I believe the "biggest" broker we have on the site that is known is IB.

@def

 

[traider]

they dont do it in personal level because they dont have that info or because they dont care? if you dont know please dont answer

Your order size is too small for them to spend the effort to write a specific algo to exploit it. Unless you are a huge fund doing size.

 

[qlai]

I remember @cruisecontrol mentioning that some brokers do provide account level info, which he confirmed with them. I would not be surprised if that happens since whoever is buying the orders don’t want any toxic flow.

 

[Leob]

they dont do it in personal level because they dont have that info or because they dont care? if you dont know please dont answer

They dont do it on personal level they do it on the technical level.

 

[sandy_s]

This is a good question....and one may be worried if trading illiquid instruments or trading that time of day when volume is a trickle..

You will know when is the time to trade an instrument so that you are not the one caught on wrong side of things..