So if you owned a portfolio of stock and wanted to sell XYZ, you'd be OK if the ...

tptacek on Oct 9, 2012 | parent | context | favorite | on: Mysterious Algorithm Was 4% of Trading Activity La...

So if you owned a portfolio of stock and wanted to sell XYZ, you'd be OK if the market operated at a "day+ scale" and took 24 hours to come up with a bid price, and then if you didn't like that price you'd wait another 24 hours for the next price?