InvestorsHub Logo
icon url

LeGoose

05/20/14 12:02 AM

#67902 RE: janice shell #67901

Whatever it is, it's logarithmic.

It happens on both the bid and the ask (usually on the bid), and it usually happens a few seconds after a 'normal' trade occurs on the opposite side.

Imagine having an open GTC order valued at $100. You're first in line, and get hit with a 100 share fill a day for 10 days in a row, * $9.99 commission.

I agree, FINRA might know.