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LeGoose

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LeGoose

Re: janice shell post# 67901

Tuesday, 05/20/2014 12:02:26 AM

Tuesday, May 20, 2014 12:02:26 AM

Post# of 222060
Whatever it is, it's logarithmic.

It happens on both the bid and the ask (usually on the bid), and it usually happens a few seconds after a 'normal' trade occurs on the opposite side.

Imagine having an open GTC order valued at $100. You're first in line, and get hit with a 100 share fill a day for 10 days in a row, * $9.99 commission.

I agree, FINRA might know.





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