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Wondering if anyone who day trades the QQQ's on a regular
basis has a recommendation on the best order routing method. I primarly
day trade NASDAQ issues and am used to the speed of SOES, ARCA, etc., and have
generally traded "listed" issues on a more longer term basis due to the slower
speed of execution.
My question is primarily directed at when a level breaks and
the ECN's back off the bid (or ask), is a market ISI order the fastest, or try
to exit on ARCA, INCA, REDI etc. Any thoughts/recommendations on this
would be greatly appreciated.
Best regards,
Ed
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