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Re: LexTrader post# 18

Thursday, 03/25/2004 10:58:25 PM

Thursday, March 25, 2004 10:58:25 PM

Post# of 67
Also has anyone experienced this. You put in an order for other than the 5/10/15k increments, and on L2 T & S you see the share amount you bought or sold, however when you check to see if it has been filled, your order remains open. Can the MM somehow hold your order, yet show it as a transaction? So if you have an order to buy ABCD @ .45 8000sh the above takes place and and it shows up on T & S, MMs see orders taking the PPS higher and don't give you the shares, but sell them at a higher price and they fill you on the way back down. I think this happens all too often, but maybe I'm delusional! lol

GW

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