NASDAQ vs. NYSE
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- Roundtable Knight
- Posts: 1436
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NASDAQ vs. NYSE
Has anyone noticed differences between the way NASDAQ and NYSE stocks trade and orders are executed? I'm refering to fills and slippage.
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- Contributing Member
- Posts: 9
- Joined: Wed Jan 05, 2005 8:20 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.