Nice to be net short with down futures

Gasparino is talking about the relationship between Goldman and fidelity.

I've always thought that there was something Squirly with their trading system. My old man runs on the fidelity system, and I've traded for him a few times. I learned that you couldn't do a market order, long ago. They seem to fill them internaly, and when you do a market order they will wait and fill it till they have a local one. And it generaly is way out of the range that you can see it being traded. I've seen that system stiff me for .40 and for it to take as long at 10 minutes to fill an order... a market order.

So you have to do limit orders, or you get skrewed. Also doing In the money Limit orders is the way to do a market order... but they will still stick it to you.

Morning