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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Dan Clark who wrote (7882)1/14/2000 5:40:00 PM
From: Wayners  Read Replies (1) of 12617
 
I'll SNET an ECN because I'll already be set up with SNET as the route and the preference box checked--so I have the flexibility to hit a MM or an ECN, depending on who happens to show up at the inside in the next few seconds. The time it takes to switch from SNET to the ECN (be it ISLD or ARCA) and then hit the ECN, those shares are usually gone already and there is now a MM sitting at the inside, and now I have to switch back to SNET to try to hit the MM by which time the MM is now gone and its moved another level on me.
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