Leo
Well-known member
Scientists fed bacon to rats and they ended up with less bum cancer than controls who only ate Frazzles.
I'll never understand how feeding bacon to rats gives a scientist bum cancer.
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Scientists fed bacon to rats and they ended up with less bum cancer than controls who only ate Frazzles.
To the moon 🚀I can promise because I hold 999,000,000,000,000,000 BCN in my genesis wallet.
A pegged-to-market order is designed to maintain a purchase price relative to the national best offer (NBO) or a sale price relative to the national best bid (NBB). Depending on the width of the quote, this order may be passive or aggressive. The trader creates the order by entering a limit price which defines the worst limit price that they are willing to accept. Next, the trader enters an offset amount which computes the active limit price as follows:
Sell order price = Bid price + offset amount
Buy order price = Ask price - offset amount
National Best Bid and Offer[1] (NBBO) is a regulation by the United States Securities and Exchange Commission that requires brokers to execute customer trades at the best available (lowest) ask price when buying securities, and the best available (highest) bid price when selling securities, as governed by Regulation NMS.
For example, if the offer (or "ask") price for a stock is $25.00 for 100 shares of a stock on one exchange and $24.50 for 100 shares of the same stock on another exchange, and a broker has a customer who wishes to purchase 150 shares of the stock, then the broker is required to purchase all of the shares available at $24.50 on behalf of the customer before purchasing any of the shares available at $25.00. Additionally, if an order for 150 shares is sent directly to the first exchange, it is required under most circumstances to route the first 100 shares of the order to the other exchange, where the shares are available at a cheaper price.