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Searchlight Innovations Inc T.SLX


Primary Symbol: V.SLX.P

Searchlight Innovations Inc. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to potential acquisition or participation by completing a qualifying transaction. The Company has not commenced commercial operations. The Company neither engaged in any operations nor generated any revenues.


TSXV:SLX.P - Post by User

Comment by sunwoodon May 28, 2011 2:50pm
203 Views
Post# 18639688

RE: RE: RE: RE: RE: Very strange trades today

RE: RE: RE: RE: RE: Very strange trades todayHello Mouserman!

    Please help me understand ...  If I offer to sell, say, 10,000 shares on I*Trade at a price 5 cents below the highest bid, it's my understanding that it will be filled at the highest bid, and then the next highest bid etc untill the order is filled.

    In the past, I have bid at higher than the "sell' price, and found that my order was filled at the sell price.  An official at the SEC explained to me that my order took precedence because I was willing to pay more.  You could say, I went to the front of the line.

    Does that apply to all brokerage houses, or do ATS Alpha and ATS Pure work on a different system?

sunwood 
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