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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TraderAlan who wrote (5550)	11/21/1999 2:57:00 PM
From: eric012	Read Replies (1) of 18137

MM's Do have certain obligations, especially when receiving "Incomming Liability Orders." They're obligated to trade when faced with one of these (as long as stock hasn't traded ahead). Also- SOES orders are good up to tier size, supposedly. Really awsome discussion of this and other execution methods at WWW.TOOLS-OF-THE-TRADE.COM. Best info I've ever read on executions. Saw the author at the Day Traders convention in California. The guy seems really knowledgable. And the book is great! the book is "dedicated to order routing/execution."

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