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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Mongo Slade who wrote (1006)	7/22/1997 12:33:00 PM
From: Mighty_Mezz	of 27307

You don't sound stupid at all! It's not been around all that long. paste >>Island is an electronic commerce network (ECN) that helps NASD member firms trade quickly and efficiently. Its easy for firms to get on the Island network. It's fast, fair, and open to all NASD member firms, unlike some other ECNs we could name. Its also really cheap: executing an order costs $1. Simply, Island is an order limit book. Brokers place orders onto the limit book using any island interface, like this web site. Any other Island member can see the order, and the entire NASD interacts with the best offer/best bid on the Island limit book using their NASDAQ level II workstations. The Island system was created in January, 1996 as an alternative to NASDAQ's relatively slow and expensive trading systems, and has been growing ever since. The recent rule changes have only served to make Island the ECN to be on. They have a website. isld.com click on quotes, and you can view the book.

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