Locked and Crossed Markets
Traders Magazine, April 1999
Locked and crossed markets are a reality of Nasdaq trading. They always have been.
But in recent months - with online investors flooding the market with orders, and some electronic communications networks (ECNs) refusing to trade with certain market makers - markets in Nasdaq stocks are locking more frequently than ever before.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.