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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (5973)12/8/1998 11:09:00 PM
From: scanshift   of 12617
 
The electronic options exchange that E-Trade is putting together will have some heavy hitters from the Chicago Board Options Exchange as principals. Just to be one of the primary marketmakers costs something like 10 million dollars.
The web site for the exchange is
iseoptions.com

All these heavy hitters will have absolutely no reason to ever use the Archipelago ECN, which a few of them occasionally use now. They will direct this order flow to the ETrade ECN, although many of them have made what may only be a temporary transition to Island already.
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