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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Stacy Holmes who wrote (7905)1/20/2000 5:01:00 PM
From: TFF  Read Replies (2) of 12617
 
Yeah they raised the max to 10,000 shares. But I don't see any mention of raising the minimum fill. Obviously this gives the MM best of both worlds and the individual the worst. The MM's get in quick but the little guy can't get more than 100 filled as mkt reverses. Hope I'm wrong on this.

>>>>>The new rule increases the maximum order size on SOES to
9,900 shares from 1,000, which Madoff said will encompass the
vast majority of Nasdaq orders. Larger orders, many of which are
negotiated by telephone, still will be transmitted on SelectNet.
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