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benlurkn

08/27/19 1:08 PM

#111938 RE: Dleather25 #111937

Sorry.... On a quick dive down they will not fill the AON. An amount equal or greater than your AON bid has to sit on the ask for a while before it will fill.
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shotsky

08/27/19 6:01 PM

#112023 RE: Dleather25 #111937

you don't get charged extra when the MM's break an order up to fill it. Your BROKERAGE charges you a fee for ONE purchase/Sale. MM's don't necessarily get the shares you want at one place, or at one price. They will get the cheapest ones first (most profit for them), then get some more at a higher price. With AON, you must wait until they find all the shares at any price (at their bid or less) or you don't get any. I never use AON - I set a limit and let them fill over time. They have 60 days to fill it, and almost always do fill.
MM's don't charge YOU a fee at all. You really need to learn how the system works if you don't want to lose your money.