Replies to post #46063 on EVIO Inc (EVIO)

[llh222]

"Why do my AON orders not show up on a bid? "

I do not think the MMs have to show them if they choose not to. Mine never show up either. Maybe they have to show them on a higher exchange.

GLTU

LLH

[thehumanchessmachine]

That may depend on the broker sometimes they have an inventory and they just buy what they need to fill your order

[tarballmonger]

AON are held by MMs for execution. It would be chaos otherwise. For example: If you placed an order to Buy 1000 shares of EVIO @ .87 AON and I placed an order for 1000 shares also AON @ .86 and a seller came in to sell 999 @ either price, he would not be filled. ALSO- if he (or she) entered a market sell order, it would be filled at maybe .85 and you and I would be upset it traded through us.

AON orders can be tricky business in a thinly traded penny. Generally would have to be bid/offered in size at your price to get a fill unless you just happened to get a diligent and generous MM handling your order. Happens, but rarely. They will use your order to trade in front.

Hope this was a little helpful.
GLTY