Dragon Capital Group Corp (DRGV)

[MONEY MAID]

Another reason to not use AON is when you're trying to sell a big block of shares like 3M-100's of millions. It's easier to get several traders chipping away at it with their smaller buy orders than one monster buy from an MM.


Also, when you hear traders bitching about shares hiding behind the ask its most likely because someone put an AON order up to sell. I personally have never seen Level 2 show AON orders.

To each his/her own strategy but that's a good one to know about. GLTY.