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Non-Tech : CYBERTRADER
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To: wily who wrote (1723)1/15/1999 8:27:00 AM
From: tanstaafl   of 3216
 
I tend to agree with the alternate route scenario. Whenever there is change, there are those who resist it. If you were a mm and your livelihood was affected, what would you do?

In the FX markets, electronic execution platforms (Reuters & EBS)
have forever changed the landscape for fx brokers, essentially taking away the majority of their business. It didn't happen overnight and there was alot of resistance, but in the end liquidity won over turfism and other nonsense.

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