Sell Preferences (Repeat)

[WarningGP]

I wish there was an option that we could choose to "fill order" or "kill order" when not complete 'cos AGAIN i get an incomplete sell and have to pay 4 FEES as only a lousy 10 shares were sold as part of a few thousand. I have been told to trade liquid shares, but i think the STXFIN is pretty liquid.... It is an easy option to implement from the web programmers and very usefull to us using this platform!

[#2]

I am not sure about this - but I think OST will roll all the fees into a single one at the end of the day, so they will only charge you one brokerage. Check with the call centre?

[SimonPB]

if you trading STX then trade against the market maker and you wqill be filled 100% .. your fill or kill comcept is not going to help one bit on low liquid shares unless you prepared to cross the spread ..

[SimonPB]

yes, for multiple buy in same account same share ..

[WarningGP]

is that 1 fee gonna apply for 1 day, what happens if the same sell order happens over a few days, will the fees be combined - if so then maybe the fill or kill would'nt really need to implemented. & surley a STXFIN is liquid?

[#6]

STXfin liquid? Nope, average volume of around 90k per day is hardly liquid. I think only 5000 shares traded yesterday. You will see that there is always a big block volume of around 30k shares on the bid and on the ask. That is the market maker price. If you trade at that price, you will be filled for sure. If you trade anything inbetween, chances are pretty slim. ANd you shouldn't be trading STX with anything less than a couple of weeks timeframe, so the market maker spread should then not be a problem

[SimonPB]

nope .. one day only ..

[SimonPB]

but market maker ensures it is as liquid as required .. small print is that you'll have to cross the spread when buying/selling ..