Stocks & Commodities V. 28:12 (27): Q&A by Don Bright
Product Description
Q&A by Don Bright
TIMING YOUR TRADES
Don, I’ve tried everywhere, but I can’t find an answer to this question and I think you’d know. If I place a limit order after 9:30 am on Pfizer (Pfe) to the Nyse, and Pfe hasn’t opened yet on the Nyse, is that order eligible to participate on the opening cross? —Bottle4411
The Nyse accepts orders after 9:30 for the opening-only print, and of course for day orders as well. You have a slight risk in your timing in that if the order is not in for a few seconds, you may be locked out of the trade.
TIMING YOUR TRADES
Don, I’ve tried everywhere, but I can’t find an answer to this question and I think you’d know. If I place a limit order after 9:30 am on Pfizer (Pfe) to the Nyse, and Pfe hasn’t opened yet on the Nyse, is that order eligible to participate on the opening cross? —Bottle4411
The Nyse accepts orders after 9:30 for the opening-only print, and of course for day orders as well. You have a slight risk in your timing in that if the order is not in for a few seconds, you may be locked out of the trade.
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