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Message: Invisible market orders

Oct 31, 2007 05:06PM
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Nov 02, 2007 05:13AM
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Nov 02, 2007 08:23AM
Interesting re: market orders don't show. I tried some market order on the Venture and my orders didn't fill. I asked my broker why. Answer: market order takes whatever is available at the current ask, and the remainder is then re-entered as a Bid at the current max Bid price. If the market rises a tiny bit, the Market order never gets filled. I was told that this ONLY happens on the Venture - on any other exchange, the market order of course fills up by going up the Ask prices. As a result, I always enter limit prices. BTW, per our previous discussions, all stop losses are visible, so don't use them on this kind of stock. Anyone else play with this?

Nov 02, 2007 09:07AM
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