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To: EyeDrMike who wrote (2449)	8/25/1999 5:27:00 PM
From: jsavage	Read Replies (1) of 4443

Investment Technology Group Inc.'s Posit introduced average price crossing systems several times in recent years with little success, said Tony Huck, an ITG senior vice president. 'In this market, with the volatility, there was little interest in people being locked into a VWAP,' he said. 'So much can happen in the course of a trading day.' You know what they say...."build a better mouse trap...." Live on Friday!! Let the commissions roll! I guess we now know what the PP will be used for also. JAS

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