Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

jftrader

Members
  • Content Count

    1
  • Joined

  • Last visited

Everything posted by jftrader

  1. Hi all, I have a burning question that I can’t seem to get a straight answer to and I’m hoping someone here with firsthand experience can help me out. I have a strategy using Nasdaq stocks that requires me to buy or sell at the opening print (the price shown as the open on Yahoo Finance). From what I understand from reading about the opening cross on Nasdaq’s website, I simply need to submit my buy or sell order prior to the 9:28 cutoff to participate in the opening cross. Is my understanding here correct? I have been attempting this using Interactive Broker’s paper trading account and I am not getting filled at the opening cross price. Is this because it’s simulated trading? I have not yet tried doing this in real time with real money. Using their Paper Trader I have tried using an OPG order and a regular day order, both submitted prior to the cutoff and neither have worked. They execute but not at the opening cross price. Does anyone here trade at the Nasdaq opening cross and if so where do you get filled and how do you do it? Also, what broker do you use? The stocks that I’m trading are high volume (>1M) and are active during the premarket so I don’t think liquidity is the issue. Thanks in advance for the help!
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.