TSX:LSG.DB - Post by User
Comment by
bert2on Feb 02, 2010 4:05pm
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Post# 16745159
RE: RE: Question re Stop Loss orders
RE: RE: Question re Stop Loss orders
I have to take issue with this answer because the data feed comes from the TSX but stop loss orders are not placed on the market until they are triggered hense they rarely fill at the exact stop loss number unless they are a limit order . I am sure brokers in your own trading house can see them and who knows how they get paid if they happen to tip off a major player to their presence.
For most of us here on these bull boards probably not an issue as we don't hold enough for the big boys to take notice.
Level III access is basically house & market maker access that allows you to place orders direct on the system the one advantage it does have is that I believe market makers can see short positions real time.