4 ms·
> Aren't all orders eventually public anyway? no. most orders are not executed on the public exchanges, but by internal matching via your broker and a market
by keredson 8y ago
> Aren't all orders eventually public anyway?
no. most orders are not executed on the public exchanges, but by internal matching via your broker and a market maker. (also most exchanges only support trades in multiples of 100 shares.)
- ycombobreaker 8y agoExchanges handle odd lot orders nowadays. Maybe some brokers or dark pools do not, but they are not exchanges (their quote is not protected, or they show no quote). I believe all customer trades/executions on actual securities should eventually be publicly visible, though there may be a small delay for them to "print to the tape".