NYSE to eliminate "stop orders" from February | Forex Factory

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NYSE to eliminate "stop orders" from February

  • #1
  • First Post: Nov 18, 2015 4:48pm Nov 18, 2015 4:48pm
Reuters:
NYSE to eliminate "stop orders" from February

http://www.reuters.com/article/2015/...zJfmivo7dy3.97

https://www.nyse.com/publicdocs/NYSE...ers_112015.pdf

So all the pro market players with automatic trading systems will be protected with algo's stopping them out, but individual investors will be.....
  • #2
  • Nov 18, 2015 4:51pm Nov 18, 2015 4:51pm
If this kind of logic flows to other global markets, we will see a further decline in participation for sure.
  • #3
  • Nov 18, 2015 5:06pm Nov 18, 2015 5:06pm
Sorry for the multiple posts...

Update: Apparently, brokers can still offer stop loss and GTC. NYSE is suspending their stop loss and GTC.
  • #4
  • Nov 18, 2015 5:23pm Nov 18, 2015 5:23pm
Quoting R19
Sorry for the multiple posts... Update: Apparently, brokers can still offer stop loss and GTC. NYSE is suspending their stop loss and GTC.
np.
166 posts.
10 new threads started.
congrats, u r the man or waste of space should i say.
As Above, So Below
  • #5
  • Nov 18, 2015 5:40pm Nov 18, 2015 5:40pm
Quoting tashkent
{quote} np. 166 posts. 10 new threads started. congrats, u r the man or waste of space should i say.
I am sorry you aren't smart enough to understand the implications of this as posted on the NYSE's own press release and presented in the Reuters article. They didn't clarify that broker held orders would still be allowed.

Just for the record, I don't give a F U C K what you think. With over 2,000 posts on here you would think you would be a billionaire by now or maybe you could start collecting a fee for each post you make.
  • #6
  • Nov 18, 2015 5:52pm Nov 18, 2015 5:52pm
Quoting R19
{quote} I am sorry you aren't smart enough to understand the implications of this as posted on the NYSE's own press release and presented in the Reuters article. They didn't clarify that broker held orders would still be allowed. Just for the record, I don't give a F U C K what you think. With 2,000 posts on here you would think you would be a billionaire by now.
wow.
did not know you were a human trash, but it is my fault and i apologize, i had to figure that out

so, let it out, what more do you have inside, considering you are a garbage? another 10 threads full of crap? hilarious. garbage factory. open a new forum by this name
As Above, So Below
  • #7
  • Nov 18, 2015 6:08pm Nov 18, 2015 6:08pm
Quoting R19
{quote} I am sorry you aren't smart enough to understand the implications of this as posted on the NYSE's own press release and presented in the Reuters article. They didn't clarify that broker held orders would still be allowed. Just for the record, I don't give a F U C K what you think. With over 2,000 posts on here you would think you would be a billionaire by now or maybe you could start collecting a fee for each post you make.

anyway, back to your topic.
now tell me, sperm brain, what are the so grandiose "implications" of that release? in what way it will affect forex? what the heck do you want to discuss?
As Above, So Below
  • #8
  • Nov 18, 2015 6:57pm Nov 18, 2015 6:57pm
...come here accidentally and (if you both let me to say it) cantīt stop laughing reading your posts. Thanks.

Peace to both of you...
  • #9
  • Nov 18, 2015 8:05pm Nov 18, 2015 8:05pm
Quoting loureed10
...come here accidentally and (if you both let me to say it) cantt stop laughing reading your posts. Thanks. Peace to both of you...
the show is over, go home.
As Above, So Below
  • #10
  • Last Post: Edited 5:18am Nov 20, 2015 5:07am | Edited 5:18am
Quoting tashkent
{quote} anyway, back to your topic. now tell me, sperm brain, what are the so grandiose "implications" of that release? in what way it will affect forex? what the heck do you want to discuss?

You really know nothing about markets do you. When a financial market makes a change that favors HFT, algorithms, and high powered trading firms versus other participants, it's a negative BECAUSE it will make similar changes elsewhere. Are you really that naive not to see that? Financial regulatory bodies around the world are heavily influenced by such lobbying efforts and markets have evolved accordingly.

Specifically in this example, high powered trading firms will be able to deploy orders more efficiently than any retail broker will. It's called edge smart guy. Trading firms are able to co-locate and position their systems with a competitive advantage over others. Fortunately, most NYSE stocks trade elsewhere. As far as Forex, US citizens are captive to a limited number of brokers thanks to US regulation. The financial news over the past few years has been full of how exchanges and market makers are rigging markets such as LIBOR, forex, etc. Have you followed any of it? Do you understand the implications of any of it.

Markets should be evolving to become a fair arena to promote participation. Not the opposite. Elsewhere we had a more thorough discussion of this story, but based on the following thread, I understand that many here are clueless.

Have you ever bought a car with your trading profits?
http://www.forexfactory.com/showthre...&reply=1#reply


2,000 + posts. Post your financial statements because you seem to have an awful lot of time to pike around on here. Maybe if you swallow both pills it becomes poison. Try it and get back to us.
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