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Strategies & Market Trends : After Hours Trading(ECN)-The Coming 24/7 Trading Explosion

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To: esecurities(tm) who wrote (298)11/25/1999 12:45:00 PM
From: esecurities(tm)  Read Replies (2) of 314
 
"Alternative traders assail [self-serving] NYSE"

NEW YORK--"The cyberbarons who run the alternative trading networks that handle 30% of the trades across NASDAQ...in New York want to do more. A lot more.

"There have been decisions made by the NYSE that have been self-serving" and prevent...(ECN)s from executing a good chunk of the stocks that are listed on the self-regulated...(NYSE), said Art Pacheki, CEO of New York-based ECN Strike Technologies Inc. at the Financial Technology Expo here last week..."


Source: ¸ 1999 COMPUTERWORLD idg.net
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