Hi, in case you don't know what is SuperMontage, read this: thestreet.com
Here are some quotes:
“ The result? Whether one were a would-be buyer or seller, anyone thinking they've scoped out the trading picture for the stock would have a fuzzy view at best, and that could cost them money. »
« Another SuperMontage feature will allow market makers to post price and volume quotes anonymously, which also can deprive market participants of useful information. »
So lets talk about it. First I'm amazed how day traders seems to ignore what is Supermontage. I talked in several live chat and no one had a clue what it is. But I think we should all worry about it because it seems it will seriously affect us. So here is what I would like to talk about:
- How will this system will affect our daily day trading ?
- Do you think its positive or negative for us ?
- How will all the brokers accomodate to it ? Its seems there is going to be MAJOR changes in our trading platforms and LVL 2 ?
- Ecns are VERY upset about this system, do you think there is a chance they will succeed in winning the battle against Nasdaq ?
Thanks, Branakar |