Hi Bob,
Tuesday, August 22, 2006, 1:27:43 PM, you wrote:
BJ> ....and how can you pontificate that the exchange doesn't matter?
It matters. In Tokyo, if you have a market order in prior to the
open, you will get a one-price fill at the price that will be printed
as the open in every data service and every newspaper. I don't care
if you are buying or selling a million shares. They will all get
done at one price, and that price will be the same as anyone else
buying or selling at market gets. It's called the open, here.
But everywhere else is not Tokyo of course, and no one should forget
that this is a rather international board.
Yuki
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