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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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To: John Sanderson who wrote (2725)7/22/1999 11:49:00 PM
From: GS_Wall Street  Read Replies (2) of 10027
 
John if you are a professional trader you will have a relationship with a number of MM else if you are using an ECN you are a day trader! Big difference. When I said MM makers get better pricing I am refering to the money that matters. Big money. This is the money that moves stocks. Small time traders and day traders just get in the way. You are either along for the ride or taken lumps either way Institutions move stocks and they do it through MM not ECN's.
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