Investor Help (NO Ihub questions)

[Sheeple O Plenty]

To answer your questions:

Does this place you at the front of the line

No. The Front of the line is according to size. The market maker with the biggest total block will line up first, and their client with the biggest internal block will be first in their sale.

Also I've placed LARGE buy/sell orders and both bid and ask prices but the size of the bid/ask has not changed. Why is that?

There could be several reasons for this, but the most common is that the Market Maker that your broker routed the buy/sell order to had other orders that were higher or lower so yours did not show. For example lets say the BID side of a stock looks like this:

NITE 5,000,000 shares at .001
CDEL 8,999,000 shares at .0009
ETRF 1,333,999 shares at .0008

Now you want to bid .0009 for 10,000,000 shares but your broker routes through NITE. Since they have a bid that is higher in price than yours, you will not show on Level 2 until that bid is either filled or removed.

The same thing happens with ASK side, if NITE is selling at .0015 and you put a sale in for .0017 yours will not show until the .0015 is either sold or removed.

Hope this helps without confusing.