top | item 23953104 (no title) badfrog | 5 years ago You are guaranteed a price that is equal or better than what you'd get on the exchange. Why would you want to bypass that? discuss order hn newest sesuximo|5 years ago Well “the price” might be totally different if there were no off-exchange orders. But I’m sort of being a devil’s advocate... I agree with your argument in practice since I don’t expect to see such open exchanges anytime soon badfrog|5 years ago > Well “the price” might be totally different if there were no off-exchange orders.I'm not sure what that means, but there's no scenario in which you'd get a worse price. That would be illegal under the Reg NMS order protection rule.https://www.investopedia.com/terms/o/order-protection-rule.a... load replies (1)
sesuximo|5 years ago Well “the price” might be totally different if there were no off-exchange orders. But I’m sort of being a devil’s advocate... I agree with your argument in practice since I don’t expect to see such open exchanges anytime soon badfrog|5 years ago > Well “the price” might be totally different if there were no off-exchange orders.I'm not sure what that means, but there's no scenario in which you'd get a worse price. That would be illegal under the Reg NMS order protection rule.https://www.investopedia.com/terms/o/order-protection-rule.a... load replies (1)
badfrog|5 years ago > Well “the price” might be totally different if there were no off-exchange orders.I'm not sure what that means, but there's no scenario in which you'd get a worse price. That would be illegal under the Reg NMS order protection rule.https://www.investopedia.com/terms/o/order-protection-rule.a... load replies (1)
sesuximo|5 years ago
badfrog|5 years ago
I'm not sure what that means, but there's no scenario in which you'd get a worse price. That would be illegal under the Reg NMS order protection rule.
https://www.investopedia.com/terms/o/order-protection-rule.a...