Option Spreads, Credit my Debit Message Board

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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: Jon Tara who wrote (806)	7/14/1999 4:41:00 PM
From: KFE	Read Replies (2) of 2317

Jon, When I stated several firms are talking about starting alternate option exchanges similar to ECN's what I meant was that they would be offering an alternate market to the option exchanges similar to ECN's for NASDAQ and Third Market for listed stocks. I am sure that the firms mentioned as being interested in forming alternate options market have no intention of just matching orders but see that they could offer a better product and still make a nice profit. While working at the NASD(many moons ago) I helped write a proposal to trade options on NASDAQ. The proposal never went anywhere probably because I helped write it. Regards. Ken

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