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My broker here has been running 'not held' for over a week for S&P pit trades.
Does this happen often. I can understand it if fast market is set.
It basically means I cant trade S&P if I cant guarantee a fill on my stop-loss orders.
Peter Ryan
Singapore
-----Original Message-----
From: hans esser [SMTP:he96@xxxxxxxxxxxxxx]
Sent: Friday, September 04, 1998 7:06 PM
To: IdontgetNo@xxxxxxx; omega-list@xxxxxxxxxx
Subject: Re: S & P Question
> Why is it that if i'm bidding 978.10 for a 5 lot and we trade 978.00 I get
> a nothing done.
Because due to market conditions many brokers since days declare price limit
orders outside halfs (0.50) and evens (1.00) ""NOT HELD"" !
Because due to market conditions many brokers since days declare ALL NON
MARKET ORDERS ""NOT HELD"" !
If you trade 5lots in NUTS-markets like this you should know that !
rgds hans
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