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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Eric P who wrote (8240)5/5/2000 11:55:00 AM
From: Chris Steele  Read Replies (2) of 18137
 
Eric,

So why are these types of situations allowed? They do not create a fair and orderly market IMO. If the payment for orderflow MMers accept the order flow from one broker, IMO they should be required to have the same auto-ex setting for all of the brokers they accept orderflow. My main point is that the investor/trader gets an advantage/disadvantage based upon how well the brokerage firm handles the MMer....sounds more like a buddy/buddy relationship instead of creating a fair mkt. Getting back to the new NASDAQ rules....I really did not see much in them relating to this....hmmmm....there is something missing here.

cas
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