InvestorsHub Logo
Followers 22
Posts 1670
Boards Moderated 0
Alias Born 02/03/2004

Re: gilead23 post# 13752

Monday, 06/13/2005 3:57:17 PM

Monday, June 13, 2005 3:57:17 PM

Post# of 173813
GILEAD: Otcbb trades: I have yet to see a rule that requires MM's to show your orders on the BB. I think that they are strictly trying to compete with ECN's to keep them from taking over. Eventually I think the ECN's model will win out and MM's will be handling a small percentage of total trades. They seem to show our bids/offers if it does not get in the way of what they want to do. They can and do work around whatever they have to.

They don't show your order, it does not mean they rejected it. That would be bad for business. Call them up and ask why your order is not being displayed. Good luck on one of those calls. I have done that with Schwab and eventually you get to speak with someone @ 101 Montgomery Street, San Francisco ... it still does nothing.

EOM

Signatures are so yesterday!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.