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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Time Traveler who wrote (4725)10/5/1999 11:24:00 PM
From: LPS5   of 18137
 
SOES and SelectNet aren't electronic communications networks. They're execution methods, like ACES, CAES, DOT, AMOS, RAES, and a host of other smart-sounding acronyms are.

There are 9 SEC-approved, bona-fide ECN's (actually there is one other...anyone want to go for bonus points? Hint - your average NASDAQ daytrader has never used it, or even seen it...):

INCA
ISLD
REDI
BTRD
STRK
BRUT
NTRD
ATTN

There are also crossing networks, such as

ITG (Investment Technology Group)
INCX (Instinet's auction cross)
AZX (Arizona Stock Exchange)
OptiMark (a facility of the Pacific Stock Exchange, pending integration into NASDAQ)

...plus a few others.

LPS5
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