I see so much stuff printing third now that has no relation to any deincrementation of a posted third-printing ecn quote, not to mention the sub-decimal fills/double prints, that it can be quite frustrating at times.
Watch a million shares trade at the offer on C as third market, only say 250k showing on the third-printing ecns/exchanges, yet they barely even de-increment or refresh (not reserve orders, just not being lifted, heck I can be at front of line and slowly partially on one or more ecn’s and still it is like pulling teeth unless they take all bids/offers out, yet third printing 100x my orders in the interim). What am I missing here...
Is that English? :)
Madoff trading on his cell-phone from jail?