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Strategies & Market Trends : SOES Trading

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To: Hawk River Trading who wrote (791)4/22/1997 2:31:00 AM
From: Bigwave   of 1618
 
Hey Tom,
Thanks, I appreciate your input on the subject. I actually have
a buddy who is planning on opening up a SOES trading house
along with three others. I feel this may be a risky endeavor. With
the market makers' option to sell only 100 shares at a time, and
with them screwing the little guy, what is the point of even
wanting to go to a SOES trading house? I also was interested
in opening a SOES trading house, but after some thought, it
seems extremely risky. (not to mention expensive) I am currently
a senior in college, and I think I have too much of an entreprenurial
spirit for my own good. What are your thoughts? Is it really
worth it to open such a place? And what of the software?
Why would someone go to a SOES trading house to trade if
they can have the same access via home PC?
Thanks!

Bigwave
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