AI
Friday, August 15, 2008 6:37:01 PM
The Bad Quote Issue, Illustrated
Watch List
Level II
On the watch list, the bid shown is VFIN's, rather than the best bid. The pattern seems to be showing the higher of VFIN or HDSN as the bid, and the lower of VFIN or HDSN as the ask. Of course, sometimes the watch list is correct.
Watch List
Level II
On the watch list, the bid shown is VFIN's, rather than the best bid. The pattern seems to be showing the higher of VFIN or HDSN as the bid, and the lower of VFIN or HDSN as the ask. Of course, sometimes the watch list is correct.
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