i was pointing out that trades done below a size (

i was pointing out that trades done below a size (based on what today's tape was showing) of 100 shares won't adjust pps per se .. only the volume

no intent to imply that your bid was below 100 shares ..

so 3 of the 4 trades (from today) shown below .. only the 3000 would have shown re: pps change

09:53:48		0.715	50	OTO 

09:44:27		0.74	3000	OTO 

09:44:11		0.71	12	OTO 

09:44:11		0.713	12	OTO

i never use AON (all or nothing but understand why many would) but have watched recently
what i call split fills on some of my bids (usually i almost always do at bid) .. some MMs'
fill at different price points and sometimes total bid is not filled in total .. tho' rare

apologies for any confusion ..

4kids

Quote:

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Thanks 4kids. Probably won't fill my bid but that's quite alright.

"remember that trades done below 100 shares in size
only register for volume not PPS change"


I don't use the "All or None" feature quite often. When I don't I'm usually put first in line to get filled when it hits that price. Quite often, because of this, sometimes my order is filled at different prices, even if the market maker is an a** and fills 1 - 20 shares a bit lower, the price reflects it on the tape. So I'm a bit confused of what your saying.

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