I am reading this book right now and goodness it is a hoot. Did you know that prior to computerization the error rates for stock trades was *high single digit percent*? Schwab fought theirs down to *only 6%* through process improvements then bought a used computer (for ~$500k).https://twitter.com/kevinakwok/status/1225912244745097216 …
... an order which, given the state of the order book at the time of the order, should have been marketable.
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And that would be a market order. No one uses “marketable”. Also there are buys and sells of stock, not gains or losses of stock when referring to the transx
Thanks. Twitter will use this to make your timeline better. UndoUndo
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