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> What's average slippage for a market order in the big nasdaq? Seems higher
> than $100.
Oh yeah. :-) You can't watch the bid/ask on the big ND but you can on
the mini NQ. The spread is seldom less than one big point and often as
high as 3 or 4. At $100/bigpoint on the big ND that could be $300-400 if
you could get your order executed instantly. Add in the usual quote
delays, order delays and a fast market and, well, you get the picture.
--
Dennis
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