NASDAQ vs. NYSE

Discussions specific to trading the stock market.
Post Reply
LeviF
Roundtable Knight
Roundtable Knight
Posts: 1428
Joined: Mon Dec 22, 2003 12:24 pm
Location: Des Moines, IA
Contact:

NASDAQ vs. NYSE

Post by LeviF » Wed Aug 18, 2004 10:35 am

Has anyone noticed differences between the way NASDAQ and NYSE stocks trade and orders are executed? I'm refering to fills and slippage.

alerionsailor
Contributing Member
Contributing Member
Posts: 9
Joined: Wed Jan 05, 2005 8:20 pm

Post by alerionsailor » Wed Jan 26, 2005 1:34 pm

IMO I think it is more a function of the liquidity of the stock and the type of order placed. A larger, market order in a semi liquid stock on the NASDAQ in the hands of wholesaler is a recipe for pain. That same order with a limit, however, must typically be displayed publicly eliminating the any profit potential by the market maker. I think, therefore, that is it better to be familiar with the stock than the exchange.

Post Reply