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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Morpher who wrote (6199)1/14/1999 8:37:00 AM
From: TFF  Read Replies (1) of 12617
 
''It's kind of like a tightening of the vise'' on market
makers, said Michael Gazala, a senior analyst with Forrester
Research Inc. in Cambridge, Massachusetts. ''Their lives have
grown more miserable as spreads have contracted over the past two
years'' and ECNs have gained share.

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