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Re: Theo post# 1227

Saturday, 07/12/2003 5:38:25 PM

Saturday, July 12, 2003 5:38:25 PM

Post# of 82595
Would one of the more experienced traders comment on these questions about our beloved NASDAQ.

Assuming same bid.

1. Whose order gets filled first. By date of entry? By size?

2. Is my good 'til cancelled "better" than your day order?

3. By quantity. My 1000000 vs your 10000.

4. By all or None.

5. Will my broker charge me for sep. transactions when I want 1000000 shares and he can only get them 1 by 1?

6. I always assumed the NASDAQ was a first come first served operation, but of course there need to be shares at the mutually agreed level to conduct a transaction. How can I best phrase my order to insure completion, but at the least cost to me? Any ideas. (Yeah I did a market order, 1 time!)

Stakddek