I am trying to buy a stock that is $307 bid and $312 offered. I placed a buy limit order for 1 share at $307.10. However, the best bid remained at $307.00. After an hour, the best bid is still $307.00. Why didn't my limit order become the highest bid?
Asked
Active
Viewed 161 times
4
-
Somewhat related: Limit order not executed despite price going below my limit – Flux Apr 28 '21 at 21:20
1 Answers
6
Odd lots (less than 100 shares) are not covered by NBBO regulations and they do not update the quote. Read this.

Bob Baerker
- 76,304
- 15
- 99
- 175