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> Peter2150@xxxxxxx wrote:
>
> > There is only a cue in the sense of the lineup of the orders. If you place
> > an order to sell a 100 shares and there are several orders ahead of you, you
> > have to wait until the other orders are executed before they can do yours.
>
> This is true with NYSE stocks, which operate on the queue system anyway - long or
> short. With NASDAQ stocks, it's a free-for-all anyway, apart from the even worse
> uptick rule.
>
> > Additionally if your order is next and there
> > is an uptick, and then a regular sale is offered it takes precedance and if
> > the sale causes a downtick, you wait somemore.
>
> This is the first I've heard of this. While I'm not questioning your info, I
> wonder if this isn't just an in-house rule among some brokerages concerning the
> order which trades are placed with the exchange.
>
> Much of the delay that some traders may be experiencing may be due to the broker -
> if they have to check to see if stock is available, then the process is going to
> be way too slow. Ideally, this shouldn't happen.
>
> > Its tough, compared to
> > futures.
>
> For sure - but SPY and DIA are free from any shorting constraints, of course,
> which at least gives us equity players an option. From all the crap I've heard
> about order placement in futures, as well as the much more competitive environment
> that seems to prevail, I'm not to keen to venture out in these markets anyway.
>
> Regards,
> A.J.
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