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[RT] Re: STK: Use of Fill or Kill Orders



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Don't bother using FOK oders with major market NASDQ or NYSE or other
exchange stocks.  You are normally better off using a limit oda. However,
they are very usefull in trading OTCBB.  If you are willing to take
particals use IOC, (immediate or cancle)
----- Original Message -----
From: "Mark Jackson" <m.a.jack@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, March 20, 2000 3:36 PM
Subject: [RT] STK: Use of Fill or Kill Orders


> I have never used FOK orders.  If this type of order is entered how does
> it usually affect priority and fill price?  What does a specialist
> presume and how does he usually respond
> when he receives a 1000 or 2000 share FOK order as opposed to a market
> order?
>
>