InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,178.40
(
-0.15%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.85
(
0.98%
)
Bitcoin
61,340.55
(
-2.88%
)
Post# of 317
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

sevenOdouble

Send PM Follow Ignore
Followers 0
Posts 5542
Boards Moderated 0
Alias Born 01/06/2011

sevenOdouble

Re: jcwillis post# 55

Friday, 09/28/2012 10:08:20 PM

Friday, September 28, 2012 10:08:20 PM

Post# of 317
Thanks bro. This an email excerpt from another broker of someone I know that asked his broker USAA, & they said:

"While there isn't a quoted bid and ask, there still is sort of a bid and ask.
If someone is bidding .50, highest bid still gets the trade, so no undercutting for .01's. Same with the ask, you cant really spam the ask with a really high priced trade when there is a lower ask.

Matched trades execute, (quantity and price). limit orders only."


Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up