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Flat Foot

10/23/12 10:12 PM

#74422 RE: sevenOdouble #74410

this isn't the 80's ~ nobody wants to call their broker to trade

it's what's for dinner when GTGP doesn't follow the rules = grey sheets

You can call your broker to know what the bid/ask is, and the intra-day chart does also indicate where they're located. & trades happen within that range, although it was falsely claimed that the current bid could be undercut with matched trades...

Risicare

10/23/12 10:34 PM

#74425 RE: sevenOdouble #74410

although it was falsely claimed that the current bid could be undercut with matched trades...

There is no best bid or offer. You don't actually think they call every market maker to ask what their book is do you? When you get a quote it is likely what NITE has offered and bid as they are they get the most orders routed to them. There will be people occasionally going "why was my bid not filled when a trade went off 30% lower than my bid" just wait...... Illiquidity has started to take hold.